Pivots MTF [LucF]Pivots detected at higher timeframes are more significant because more market activity—or work—is required to produce them. This indicator displays pivots calculated on the higher timeframe of your choice.
Features
► Timeframe selection
— The higher timeframe (HTF) can be selected in 3 different ways:
• By steps (15 min., 60 min., 4H, 1D, 3D, 1W, 1M, 1Y). This setting is the default.
• As a multiple of the current chart's resolution, which can be fractional, so 3.5 will work.
• Fixed.
— The HTF used can be displayed near the last bar (default).
— Note that using the HTF is not mandatory. If it is disabled, the indicator will calculate on the chart's resolution.
— Non-repainting or repainting mode can be selected. This has no impact on the display of historical bars, but when no repainting is selected, pivot detection in the realtime bar will be delayed by one chart bar (not one bar at the HTF).
► Pivots
— Three color schemes are provided: green/red, aqua/pink and coral/violet (the default).
— Both the thickness and brightness of lines can be controlled separately for the hi and lo pivots.
— The visibility of the last hi/lo pivots can be enhanced.
— Prices can be displayed on pivot lines and the text's size and color can be adjusted.
— The number of bars required for the left/right pivot legs can be controlled (the default is 4).
— The source can be selected individually for hi and lo pivots (the default is hlc3 and low .
— The mean of the hi/lo pivot values of the last few thousand chart bars can be displayed. Pivots having lasted longer during the mean's period will weigh more in the calculation. The mean can be displayed in running mode and/or only showing its last level as a long horizontal line. I don't find it very useful; maybe others will.
► Markers and Alerts
— Markers can be configured on breaches of either the last hi/lo pivot levels, or the hi/lo mean. Crossovers and crossunders are controlled separately.
— Alerts can be configured using any of the marker combinations. As is usual for my indicators, only one alert is used. It will trigger on the markers that are active when you create your alert. Once your markers are set up the way you want, create your alert from the chart/timeframe you want the alert to run on, and be sure to use the “Once Per Bar Close” triggering condition. Use an alert message that will remind you of the combination of markers used when creating the alert. If you use multiple markers to trigger one alert, then having the indicator show those markers will be important to help you figure out which marker triggered the alert when it fired.
A quick look at the pattern of these markers will hopefully convince you that using them as entry/exit signals would be perilous, as they are prone to whipsaw. I have included them because some traders may use the markers as reminders.
Using Pivots
These pivots can be used in a few different ways:
— When using the high / low sources they will show extreme levels, breaches of which should be more significant.
— Another way to use them is with hlc3 (the average of the high , low and close ) for hi pivots and low for the lo pivots. This accounts for my personal mythology to the effect that drops typically reach previous lows more easily than rallies make newer highs.
— Using low for hi pivots and high for lo pivots (so backward) can be a useful way to set stops or to detect weakness in movements.
You will usually be better served by pivots if you consider them as denoting regions rather than precise levels. The flexibility in the display options of this indicator will help you adapt it to the way you use your pivots. To indicate areas rather than levels, for example, try using a brightness of 1 with a line thickness of 30. The cloud effect generated this way will show areas better than fine lines.
Realize that these pivot lines are positioned in the past, and so they are drawn after the fact because a given number of bars need to elapse before calculations determine a pivot has occurred. You will thus never see a pivot top, for example, identified on the realtime bar. To detect a pivot, it takes a number of bars corresponding to the dilation of the higher timeframe in the current one, multiplied by the number of bars you use for your pivots' right leg. Also note that the Pine native function used to detect pivots in this indicator considers a summit to be a top when the number of bars in each leg are lower or equal to that top. Bars in legs do not need to be progressively lower on each side of the pivot for a pivot to be detected.
If you program in Pine
— See the Pinecoders MTF Selection Framework for an explanation of the functions used in this script to provide the selection mechanism for the higher timeframe.
— This code uses the Pine Script Coding Conventions .
Thanks
— To the Pine coders asking questions in the Pine Script chat on TV ; your questions got me to write this indicator.
스크립트에서 "3d新浪走势图"에 대해 찾기
Volatility Stop MTFThis is a multi-timeframe version of our Volatility Stop , an ATR-based trend detector that can be used as a stop.
► Timeframe selection
The higher timeframe can be selected using 3 different ways:
• By steps (60 min., 1D, 3D, 1W, 1M, 1Y).
• As a multiple of the current chart's resolution, which can be fractional, so 3.5 will work.
• Fixed.
Note that you can also use this indicator without the higher timeframe functionality. It will then behave as our normal Volatility Stop would.
► Stop breaches
Two modes of stop-breaching logic can be selected.
• In the default, Early Breach mode, the stop is considered breached when a bar at the chart's current resolution breaches the higher timeframe stop.
• You may also choose to calculate breaches on the higher timeframe information only.
Choosing the Early Breach mode has the advantage of generating faster exits. It will create a state of limbo where the stop has been breached but the Volatility Stop trend has not yet reversed. The impact of detecting earlier exits to minimize losses comes, as is usually the case, at the cost of a compromise: if the stop is breached early in a long trend, the indicator will then spend most of that trend in limbo. Sizeable portions of a trend can thus be missed.
A few options are provided when you use Early Breach mode:
• A red triangle can identify early breaches (default).
• You can color bars or the background to identify limbo states.
When in limbo, the color used to plot the indicator's line or shapes will always be darker.
► Alerts
Five pre-defined alerts are supplied:
• #1: On any trend change.
• #2: On changes into an uptrend.
• #3: On changes into a downtrend.
• #4: Only on breaches of the uptrend by the chart's bars (Early Breach mode). Will not trigger on a trend change.
• #5: Only on breaches of the downtrend by the chart's bars (Early Breach mode). Will not trigger on a trend change.
As usual, alerts should be configured to trigger Once Per Bar Close . When creating alerts, you will see a warning to the effect that potentially repainting code is used, even if the indicator's default non-repainting mode is active. The warning is normal.
► Other features
• You can color bars using the indicator's up/down state. When bars are colored, up bars are more brightly colored.
• The HTF line is non-repainting by default, but you can allow it to repaint.
• You can confirm the higher timeframe used by displaying it at a selectable distance from the last bar on the chart.
• Choice of 2 color themes.
• Choice of display as a line, circles, diamonds or arrows. The line can be used with the other shapes. If no line is required, set its thickness to zero.
Enjoy!
Look first. Then leap.
MTF Selection Framework - PineCoders FAQOur MTF Selection Framework allows Pine coders to add multi-timeframe capabilities to their script with the following features:
► Timeframe selection
The higher timeframe can be selected using 3 different ways:
• By steps (60 min., 1D, 3D, 1W, 1M, 1Y).
• As a multiple of the current chart's resolution, which can be fractional, so 3.5 will work.
• Fixed.
► Non-repainting or Repainting mode can be selected.
► Smoothing of the HTF line
Can be turned on/off and a smoothing factor allows the user to select the degree of smoothing he requires.
The framework is used here to create a higher timeframe version of a simple RSI line, but it can be used to access HTF information for almost any signal.
Functions used
f_resInMinutes()
Converts the current timeframe.multiplier plus the TF into minutes of type float.
• In Pine, the timeframe.multiplier is an integer representing the resolution, but a value of 1 can mean one day or one minute. This function converts that information in a standard fractional float minutes format that can then be used by the other functions in the framework.
• If the chart's current resolution is 15 seconds, the function will return 0.25 . If the chart's resolution is one day, it will return 1440 .
f_tfResInMinutes(_resolution)
Returns resolution of _resolution period in minutes.
• This function does the same as f_resInMinutes() , but on the target resolution supplied as a parameter in the timeframe.period string format.
f_resNextStep(_res)
Given a current resolution in fractional float minutes, returns its corresponding stepped HTF in the timeframe.period string format.
• This allows the implementation of the step HTF selection mode.
f_multipleOfRes(_res, _mult)
Given a current resolution in fractional float minutes and a fractional multiplier, returns a multiple of the resolution as a string in "timeframe.period" format usable with "security()".
• A multiple like 3.5 is allowed.
• Note that with seconds resolutions, the result returned is constrained by the discrete seconds resolutions available on TV.
f_htfLabel(_txt, _y, _color)
Used to display a label showing either:
• A warning when the chart's resolution is not lower than the HTF.
• The HTF resolution currently used.
The y position used to position the label will require adaptation to the signal you are using. For use in "overlay = true" mode, a technique that works well is commented out in the code.
Look first. Then leap.
$0 Exponential & Simple MAs with HigherTFMultiple Moving Averages (Simple/SMA & Exponential/EMA) in one indicator
Support for a fixed time frame for the MAs
MAs default period length are key ones, provided by experienced traders in crypto, greetings to xpressive
Live update or Non-repainting modes support: with the non-repainting mode the previous candle's close is considered instead of latest/current bar's changing close
Features:
7 EMAs with editable length
4 SMAs with editable length
Choice of the price/data source from a predefined list
Activate or not the usage of an higher TF
Target Higher time frame resolution. Not using the predefined lists for more possibilities, e.g M1="M", H12="720", D3="3D", 5M="5"
Configurable lines' width in one setting. Hide or change the MAs color from the indicator's style settings
Yope BTC PL channelThis is a new version of the old "Yope BTC tops channel", but modified to reflect a power-law curve fitted, similar to the model proposed by Harold Christopher Burger in his medium article "Bitcoin’s natural long-term power-law corridor of growth".
My original tops channel fitting is still there for comparison. In fact, it looks like the old tops channel was a bit too pessimistic.
Note that these channels are still pure naive curve-fitting, and do not represent an underlying model that explains it, like is the case for PlanB's "Modeling Bitcoin's Value with Scarcity" which uses Stock-to-Flow.
The motivation for this exercise is to observe how long this empirical extrapolation is valid. Will the price of bitcoin stay in either of both channels?
Note on usage: This script _only_ works with the BLX "BraveNewCoin Liquid Index for Bitcoin" in the 1D, 3D and 1W time-frames!
It may be necessary to zoom in and out a few times to overcome drawing glitches caused by the extreme time-shifting of plots in order to draw the extrapolated part.
Visual RSI [LucF]Visual RSI offers a different way of looking at RSI by providing a composite representation of 9 different RSI-generated components. Instead of focusing on one line only, this approach blends multiple sources to provide the viewer with a larger context RSI-based picture.
For those who don’t want to read
• Green in bullish (>50) zone is the most bullish.
• Red in bullish zone doesn’t necessarily mean bearish—it just means bullish strength is weakening. It may be just a pause before a reprise or exhaustion signalling a reversal—impossible to tell.
• The same in inverse applies to the bearish zone (<50).
For those who want to understand
The nine components making up Visual RSI are:
• a current timeframe RSI
• a higher timeframe RSI
• the delta between these two RSI lines
• for each of these three basic components, two independent Bollinger band: one calculated for the bullish section of the scale (>50) and a separate one calculated for the lower bearish region.
Dual BBs
In my view, RSI’s position with regards to the centerline is much more important than its position in extreme areas. Why? Because the building block of RSI is the ratio of the averages of up/down moves during the RSI period. When the average of ups is greater, RSI is > 50. So while a rising signal starting from 20 let’s say, indicates that the rate of change is increasing, only when it crosses 50 can we say that sentiment balance has truly become bullish, and this information is more reliable than the signal being at a level corresponding to whatever estimate we make of what constitutes an extreme value. In my landscape, the general balance of a ratio provides more valuable information than the ratio’s exact value.
The idea behind the dual BBs is to provide independent tracking information for both halves of the indicator’s space, which I find more useful than the normal method of simply adding a multiple of the standard deviation on both sides of the mean. With dual BBs, the upper BB will never go lower than the indicator’s centerline, and the lower BB will never go higher. The upper BB focuses on upper-bound volatility when the signal is bearish, and the lower BB focuses on downside volatility when the signal is bearish.
The functions used to calculate the independent BBs are reusable on other signals if a centerline can be defined for them. A clamping percentage is implemented, so that when a BB line is hugging the centerline it clamps to it. This helps in providing earlier signals when they use the BB line states.
Providing context to RSI
What RSI measures indirectly is the balance in the rate of change—or the speed of price movement, but not its instant value, otherwise RSI would be even noisier. More precisely, RSI represents the relative strength of the up/down movement in the last n bars of RSI’s length, with 14 often used because that’s what Wilder proposed (Visual RSI’s defaults are 20 for the current timeframe and 40 for the higher timeframe). At every bar, a new value is added to the equation and an old value carrying equal weight is dropped, so a large dropped off value will have more impact on RSI’s value if the new bar’s move is small. This accounts for some of RSI’s speed in identifying exhaustion after important moves, but almost for some of its noise.
Visual RSI is the result of trying to drown RSI’s noise in the context of other informational streams, while simultaneously providing even faster information than RSI alone, by giving more visual weight to the delta between the current and higher timeframe RSI’s.
How to read Visual RSI
The default settings show all 9 basic components as green/red areas of intensities varying with their importance. The most intense colors are reserved for the delta RSI and the BBs have the lightest intensities. The individual lines of components are intentionally difficult to distinguish so that focus is first on the general picture, including the all-important six-state background, and then on the delta RSI.
One entry setup could be reversals in a larger trend context, so low pivots of the delta in a fully bullish context (a green background in the upper section of the indicator), and inversely, high pivots in a fully bearish context (a red background in the lower section of the indicator).
Please resist the common misconception, when interpreting RSI, that a reversal in the signal will necessarily lead to a reversal in price. Each trend has its rhythm. Only machine-generated price action can progress regularly. It’s normal for trends to take a breather for some time before they continue or reverse, as traders driving the trend experience emotional fatigue and gradual fear. RSI reversals merely signify that such a breather has occurred—nothing more. Only the larger context can provide information that can situate that pause and put more meaningful odds on it having more probability of continuing in one direction or the other. This is the reasoning behind the setup just described.
Features
• All components can be hidden, displayed as a simple line, a uniformly colored fill, or a green/red fill (the default).
• The background can be colored using 9 different methods, including 3 six-state methods using the rising/falling BB lines of the 3 basic components. These six states allow for bullish/bearish/neutral sentiment in both the upper and lower regions of the indicator. A bearish (dark red) background in the bullish (>50) section of the indicator represents decreasing bullishness. A bearish (slightly brighter red) in the bearish (<50) section of the indicator means incresingly bearish sentiment. The six-state backgrounds allow for neutral (no color) sentiment when no compelling signs can be found to conclude anything with meaningful odds. The default background uses the six-state method on the higher timeframe RSI’s BBs because I find it the most useful, as it represents the largest—and slowest—context sentiment among all the indicator’s components.
• A thin status bar in the top part of the indicator also allows selection of the same 9 methods to color it. The default is a triple-state system using the rising/falling characteristics of the current timeframe RSI’s BBs to provide a short-term counterbalance to the long-term background.
• Three different markers can be configured using approximately 70 permutations each, each filtered by 20 different filter permutations. When modification of the relevant parameters in the script’s Settings/Settings/Parameters section is added, possibilities are almost endless. If the generated signals are then fed into the PineCoders Engine and combined with the Engine’s own options, the permutations go up another order of magnitude, and changes to any setting can be instantly evaluated using the Engine’s backtesting results.
• Five simple filters can be combined. They are additive. They include volume-related conditions and a chandelier, which I find useful because both volume and volatility (the chandelier using highs/lows and ATR) are sensible complementary sources to RSI’s momentum information. The filter’s state can be shown as a thin line at the bottom of the indicator.
• Alerts can be configured using any of the marker/filter combinations mentioned. As usual, once your markers/filters are set up the way you want, create your alert from the chart/timeframe you want the alert to run on and be sure to use the “Once Per Bar Close” triggering condition. Use an alert message that will remind you of which combination of markers were used when creating the alert.
• A plot providing entry signals for the PineCoders Backtesting & Trading Engine is supplied. It will use whichever marker/filter configuration is active to generate signals.
• All higher timeframe information is non-repainting. Higher timeframe lines can be smoothed (the default). The selection of the higher timeframe can be made using 3 different methods:
1. By steps (if current timeframe <= 1 minute: 60 min, <= 60 min: 1D, <= 6H: 3D, <= 1D: 1W, <=1W: 1M, >1W: 12M)
2. By a user-defined multiple of the current timeframe
3. Using a fixed timeframe
Thanks to:
• Alex Orekhov aka @everget for the chandelier code.
• @RicardoSantos who through a small remark early on, unknowingly put me on the track of eliminating noise through visual crowding.
• The brilliant guys in the PineCoders Pro room for your knowledge, limitless creativity and constant companionship.
ck - Crypto Correlation IndicatorA simple Correlation Indicator initially configured for Crypto Trader use (but other markets can use this too).
It plots the correlation between the current chart (say BTCUSD ) versus 4 user-definable indices, currency pairs, stocks etc.
By default, the indicator is preconfigured for:
GOLD (Oz/$),
Dow Jones Index (DJI),
Standard & Poor 500 Index (SPX) ,
Dollar Index ( DXY )
You can set the period (currently 1D resolution) in the "Period" box in the settings, valid inputs are:
minutes (number), days (1D, 2D, 3D etc), weeks (1W, 2W etc), months (1M, 2M etc)
Length is the lagging period/smoothing applied - default is 14
When changing comparison instruments/tickers, you may find it useful to prefix the exchange with the instrument's ticker, for example:
Binance:BTCUSDT, NYSE:GOOG etc
*** Idea originally from the brilliant Backtest Rookies - backtest-rookies.com ***
Volatility System by Wilder [LucF]The Volatility System was created by J. Welles Wilder, Jr. It first appeared in his seminal masterpiece, "New Concepts in Technical Trading Systems" (1978). He describes the system on pp.23-26, in the chapter discussing the first presentation ever of the "Volatility Index", built using a novel way of calculating a value representing volatility that he named Average True Range (ATR). The latter stuck.
The system is a pure reversal system (it is always either long or short). One of its characteristics is that its stop strategy moves up and down during a trade, widening the gap from price when volatility (ATR) increases. Because of this, this strategy can suffer large drawdowns and is not for the faint of heart.
The strategy uses a length (n) to calculate an ATR. ATR(n) is then multiplied by a factor to calculate the Average Range Constant (ARC). The ARC is then added to the lowest close n bars back to form the high Stop and Reverse points (SAR), and subtracted from the highest close n bars back to calculate the low SAR. Reversals occur when price closes above the high SAR or below the low SAR.
The system is best suited to higher time frames: 12H and above. Its performance depends heavily on calibration of the length and ARC factor. Wilder proposes a length of 7 and a factor between 2.8 to 3.1. My summary tests at 12H, 1D and 3D on stocks and cryptos yield better results with values of approximately 9-10/1.8-2.5 for cryptos and 9-10/3.0-4.0 for stocks. Small changes in the values will sometimes yield large variations in results, which I don’t particularly like because it tends to imply fragility, whereas I’d expect more robustness from a system with such simple rules. Additionally, backtests at 1D on cryptos provide so little data that no solid conclusions can be drawn from them.
All in all, the system is not very useful in my opinion; I publish it more for completeness, since as far as I can tell, it did not exist on this platform before. I also publish it out of respect for Wilder’s work. His book laid the foundation for many of the building blocks used by system designers, even today. In less than a hundred pages he presented RSI, ATR, DMI, ADXR and the Parabolic SAR indicators, some of which have become built-in functions in programming languages. This is a colossal feat and has not been repeated. Wilder is a monument.
Some lesser-known facts about his book:
It sells for the exact same price it cost in 1978: 65$,
The book has always been published by Wilder himself,
The layout hasn’t changed in 40 years,
He sells >35K copies/year.
Gotta love the guy.
The strategy is shown here on BTC /USD with settings of 12/1.8 (the defaults are 9/1.8). It shows the system under its best light. Other markets will most not reproduce such results. Also, the drawdown is as scary as the results are impressive.
Features
The code is written as a strategy but can easily be converted to an indicator if you want to use the alerts it can produce. Instructions are in the code.
You can change the length and ARC factor.
You can choose to trade only long or short positions.
You can choose to display the SARs (the stops) in multiple ways.
You can show trigger markers.
A date range can be defined.
3 alerts: reversals (both long and short), longs, shorts. Remember that for the moment, strategies cannot generate alerts in TradingView, so the strategy must be converted to an indicator in order to make the alerts available.
Yope BTC virus channelThis is a new version of the BTC tops channel, combined with a fitted curve of the function described in Cane Island Crypto's paper "Bitcoin Spreads Like a Virus" by Timothy Peterson (pink curve).
The big question is: Where will BTC price go from here? will it follow either of both curves? Which one?
The blue channel is nothing more than a curve function that seems to "fit well" the historical prive of bitcoin, while the pink curve actually has some pretty solid theory behind it ;)
NOTE: This script only works with the BLX ticker and on the 1W, 3D and 1D time-frames!
Feedback and comments welcome.
Ichimoku OverlaysHello!
Here is a script I wrote awhile ago. Basically the Ichmoku Overlays script takes the Ichimoku Cloud indicator and adds 4 timeframes to it.
Timeframes include multiples of 1, 3, 5, 10, 15. So basically if your interval timeframe is set to 1D you will see 1D, 3D, 5D, 10D, and 15D clouds. If you TF is set to 1m you will see 1m, 3m, 5m, 10m, 15m, etc.
The specific timeframe visibility can be set on/off in settings.
The purpose of this script is to show support/resistance zones in areas you might not see if you don't have the correct timeframe on.
Please feel free to PM me if you have any questions or suggestions!
Tips are welcome and can be sent to:
- BTC : 34dGv2EAxJ7HVpoAZHXg8RDKaX7KGCVUUW
- EOS : jwlondon1234
Enjoy!
Multi SMA EMA WMA HMA BB (5x8 MAs Bollinger Bands) MAX MTF - RRBMulti SMA EMA WMA HMA 4x7 Moving Averages with Bollinger Bands MAX MTF by RagingRocketBull 2019
Version 1.0
All available MAX MTF versions are listed below (They are very similar and I don't want to publish them as separate indicators):
ver 1.0: 4x7 = 28 MTF MAs + 28 Levels + 3 BB = 59 < 64
ver 2.0: 5x6 = 30 MTF MAs + 30 Levels + 3 BB = 63 < 64
ver 3.0: 3x10 = 30 MTF MAs + 30 Levels + 3 BB = 63 < 64
ver 4.0: 5(4+1)x8 = 8 CurTF MAs + 32 MTF MAs + 20 Levels + 3 BB = 63 < 64
ver 5.0: 6(5+1)x6 = 6 CurTF MAs + 30 MTF MAs + 24 Levels + 3 BB = 63 < 64
ver 6.0: 4(3+1)x10 = 10 CurTF MAs + 30 MTF MAs + 20 Levels + 3 BB = 63 < 64
Fib numbers: 8, 13, 21, 34, 55, 89, 144, 233, 377
This indicator shows multiple MAs of any type SMA EMA WMA HMA etc with BB and MTF support, can show MAs as dynamically moving levels.
There are 4 MA groups + 1 BB group, a total of 4 TFs * 7 MAs = 28 MAs. You can assign any type/timeframe combo to a group, for example:
- EMAs 9,12,26,50,100,200,400 x H1, H4, D1, W1 (4 TFs x 7 MAs x 1 type)
- EMAs 8,13,21,30,34,50,55,89,100,144,200,233,377,400 x M15, H1 (2 TFs x 14 MAs x 1 type)
- D1 EMAs and SMAs 8,13,21,30,34,50,55,89,100,144,200,233,377,400 (1 TF x 14 MAs x 2 types)
- H1 WMAs 13,21,34,55,89,144,233; H4 HMAs 9,12,26,50,100,200,400; D1 EMAs 12,26,89,144,169,233,377; W1 SMAs 9,12,26,50,100,200,400 (4 TFs x 7 MAs x 4 types)
- +1 extra MA type/timeframe for BB
There are several versions: Simple, MTF, Pro MTF, Advanced MTF, MAX MTF and Ultimate MTF. This is the MAX MTF version. The Differences are listed below. All versions have BB
- Simple: you have 2 groups of MAs that can be assigned any type (5+5)
- MTF: +2 custom Timeframes for each group (2x5 MTF) +1 TF for BB, TF XY smoothing
- Pro MTF: 4 custom Timeframes for each group (4x3 MTF), 1 TF for BB, MA levels and show max bars back options
- Advanced MTF: +4 extra MAs/group (4x7 MTF), custom Ticker/Symbols, Timeframe <>= filter, Remove Duplicates Option
- MAX MTF: +2 subtypes/group, packed to the limit with max possible MAs/TFs: 4x7, 5x6, 3x10, 4(3+1)x10, 5(4+1)x8, 6(5+1)x6
- Ultimate MTF: +individual settings for each MA, custom Ticker/Symbols
MAX MTF version tests the limits of Pinescript trying to squeeze as many MAs/TFs as possible into a single indicator.
It's basically a maxed out Advanced version with subtypes allowing for mixed types within a group (i.e. both emas and smas in a single group/TF)
Pinescript has the following limits:
- max 40 security calls (6 calls are reserved for dupe checks and smoothing, 2 are used for BB, so only 32 calls are available)
- max 64 plot outputs (BB uses 3 outputs, so only 61 plot outputs are available)
- max 50000 (50kb) size of the compiled code
Based on those limits, you can only have the following MAs/TFs combos in a single script:
1. 4x7, 5x6, 3x10 - total number of MTF MAs must always be <= 32, and you can still have BB and Num Levels = total MAs, without any compromises
2. 5(4+1)x8, 6(5+1)x6, 4(3+1)x10 - you can use the Current Symbol/Timeframe as an extra (+1) fixed TF with the same number of MTF MAs
- you don't need to call security to display MAs on the Current Symbol/Timeframe, so the total number of MTF MAs remains the same and is still <= 32
- to fit that many MAs into the max 64 plot outputs limit you need to reduce the number of levels (not every MA Group will have corresponding levels)
Features:
- 4x7 = 28 MAs of any type
- 4x MTF groups with XY step line smoothing
- +1 extra TF/type for BB MAs
- 2 MA subtypes within each group/TF
- 4x7 = 28 MA levels with adjustable group offsets, indents and shift
- supports any existing type of MA: SMA, EMA, WMA, Hull Moving Average (HMA)
- custom tickers/symbols for each group
- show max bars back option
- show/hide both groups of MAs/levels/BB and individual MAs
- timeframe filter: show only MAs/Levels with TFs <>= Current TF
- hide MAs/Levels with duplicate TFs
- support for custom TFs that are not available in free accounts: 2D, 3D etc
- support for timeframes in H: H, 2H, 4H etc
Notes:
- Uses timeframe textbox instead of input resolution dropdown to allow for 240 120 and other custom TFs
- Uses symbol textbox instead of input symbol to avoid establishing multiple dummy security connections to the current ticker - otherwise empty symbols will prevent script from running
- Possible reasons for missing MAs on a chart:
- there may not be enough bars in history to start plotting it. For example, W1 EMA200 needs at least 200 bars on a weekly chart.
- for charts with low/fractional prices i.e. 0.00002 << 0.001 (default Y smoothing step) decrease Y smoothing as needed (set Y = 0.0000001) or disable it completely (set X,Y to 0,0)
- for charts with high price values i.e. 20000 >> 0.001 increase Y smoothing as needed (set Y = 10-20). Higher values exceeding MAs point density will cause it to disappear as there will be no points to plot. Different TFs may require diff adjustments
- TradingView Replay Mode UI and Pinescript security calls are limited to TFs >= D (D,2D,W,MN...) for free accounts
- attempting to plot any TF < D1 in Replay Mode will only result in straight lines, but all TFs will work properly in history and real-time modes. This is not a bug.
- Max Bars Back (num_bars) is limited to 5000 for free accounts (10000 for paid), will show error when exceeded. To plot on all available history set to 0 (default)
- Slow load/redraw times. This indicator becomes slower, its UI less responsive when:
- Pinescript Node.js graphics library is too slow and inefficient at plotting bars/objects in a browser window. Code optimization doesn't help much - the graphics engine is the main reason for general slowness.
- the chart has a long history (10000+ bars) in a browser's cache (you have scrolled back a couple of screens in a max zoom mode).
- Reload the page/Load a fresh chart and then apply the indicator or
- Switch to another Timeframe (old TF history will still remain in cache and that TF will be slow)
- in max possible zoom mode around 4500 bars can fit on 1 screen - this also slows down responsiveness. Reset Zoom level
- initial load and redraw times after a param change in UI also depend on TF. For example: D1/W1 - 2 sec, H1/H4 - 5-6 sec, M30 - 10 sec, M15/M5 - 4 sec, M1 - 5 sec. M30 usually has the longest history (up to 16000 bars) and W1 - the shortest (1000 bars).
- when indicator uses more MAs (plots) and timeframes it will redraw slower. Seems that up to 5 Timeframes is acceptable, but 6+ Timeframes can become very slow.
- show_last=last_bars plot limit doesn't affect load/redraw times, so it was removed from MA plot
- Max Bars Back (num_bars) default/custom set UI value doesn't seem to affect load/redraw times
- In max zoom mode all dynamic levels disappear (they behave like text)
- Dupe check includes symbol: symbol, tf, both subtypes - all must match for a duplicate group
- For the dupe check to work correctly a custom symbol must always include an exchange prefix. BB is not checked for dupes
Good Luck! Feel free to learn from/reuse the code to build your own indicators.
Armando Bitmex Liquidation LevelsHi Guys!
- This script show you liquidations levels with leverage of 100X, 50X, 25X & 10X (shorts & longs).
- This indicator "only" works for XBT on Bitmex.
- Other indicators only show the liquidations up to 25X.
- You need to set the time frame according to your graph. e.g. 1, 60, 240, D, 3D, W, etc.
- The idea of this indicator is to help the user to determine those levels where Bitmex hunt liquidity.
Best Regards.
Armando M.
Multi SMA EMA WMA HMA BB (4x5 MAs Bollinger Bands) Adv MTF - RRBMulti SMA EMA WMA HMA 4x5 Moving Averages with Bollinger Bands Advanced MTF by RagingRocketBull 2019
Version 1.0
This indicator shows multiple MAs of any type SMA EMA WMA HMA etc with BB and MTF support, can show MAs as dynamically moving levels.
There are 4 MA groups + 1 BB group, a total of 4 TFs * 5 MAs = 20 MAs. You can assign any type/timeframe combo to a group, for example:
- EMAs 12,26,50,100,200 x H1, H4, D1, W1 (4 TFs x 5 MAs x 1 type)
- EMAs 8,10,13,21,30,50,55,100,200,400 x M15, H1 (2 TFs x 10 MAs x 1 type)
- D1 EMAs and SMAs 8,10,12,26,30,50,55,100,200,400 (1 TF x 10 MAs x 2 types)
- H1 WMAs 7,77,89,167,231; H4 HMAs 12,26,50,100,200; D1 EMAs 89,144,169,233,377; W1 SMAs 12,26,50,100,200 (4 TFs x 5 MAs x 4 types)
- +1 extra MA type/timeframe for BB
There are several versions: Simple, MTF, Pro MTF, Advanced MTF and Ultimate MTF. This is the Advanced MTF version. The Differences are listed below. All versions have BB
- Simple: you have 2 groups of MAs that can be assigned any type (5+5)
- MTF: +2 custom Timeframes for each group (2x5 MTF) +1 TF for BB, TF XY smoothing
- Pro MTF: 4 custom Timeframes for each group (4x3 MTF), 1 TF for BB, MA levels and show max bars back options
- Advanced MTF: +2 extra MAs/group (4x5 MTF), custom Ticker/Symbols, Timeframe <>= filter, Remove Duplicates Option
- Ultimate MTF: +individual settings for each MA, custom Ticker/Symbols
Features:
- 4x5 = 20 MAs of any type
- 4x MTF groups with XY step line smoothing
- +1 extra TF/type for BB MAs
- 4x5 = 20 MA levels with adjustable group offsets, indents and shift
- supports any existing type of MA: SMA, EMA, WMA, Hull Moving Average (HMA)
- custom tickers/symbols for each group - you can compare MAs of the same symbol across exchanges
- show max bars back option
- show/hide both groups of MAs/levels/BB and individual MAs
- timeframe filter: show only MAs/Levels with TFs <>= Current TF
- hide MAs/Levels with duplicate TFs
- support for custom TFs that are not available in free accounts: 2D, 3D etc
- support for timeframes in H: H, 2H, 4H etc
Notes:
- Uses timeframe textbox instead of input resolution dropdown to allow for 240 120 and other custom TFs
- Uses symbol textbox instead of input symbol to avoid establishing multiple dummy security connections to the current ticker - otherwise empty symbols will prevent script from running
- Possible reasons for missing MAs on a chart:
- there may not be enough bars in history to start plotting it. For example, W1 EMA200 needs at least 200 bars on a weekly chart.
- price << default Y smoothing step 5. For charts with low/fractional prices (i.e. 0.00002 << 5) adjust X Y smoothing as needed (set Y = 0.0000001) or disable it completely (set X,Y to 0,0)
- TradingView Replay Mode UI and Pinescript security calls are limited to TFs >= D (D,2D,W,MN...) for free accounts
- attempting to plot any TF < D1 in Replay Mode will only result in straight lines, but all TFs will work properly in history and real-time modes. This is not a bug.
- Max Bars Back (num_bars) is limited to 5000 for free accounts (10000 for paid), will show error when exceeded. To plot on all available history set to 0 (default)
- Slow load/redraw times. This indicator becomes slower, its UI less responsive when:
- Pinescript Node.js graphics library is too slow and inefficient at plotting bars/objects in a browser window. Code optimization doesn't help much - the graphics engine is the main reason for general slowness.
- the chart has a long history (10000+ bars) in a browser's cache (you have scrolled back a couple of screens in a max zoom mode).
- Reload the page/Load a fresh chart and then apply the indicator or
- Switch to another Timeframe (old TF history will still remain in cache and that TF will be slow)
- in max possible zoom mode around 4500 bars can fit on 1 screen - this also slows down responsiveness. Reset Zoom level
- initial load and redraw times after a param change in UI also depend on TF. For example:
D1/W1 - 2 sec, H1/H4 - 5-6 sec, M30 - 10 sec, M15/M5 - 4 sec, M1 - 5 sec.
M30 usually has the longest history (up to 16000 bars) and W1 - the shortest (1000 bars).
- when indicator uses more MAs (plots) and timeframes it will redraw slower. Seems that up to 5 Timeframes is acceptable, but 6+ Timeframes can become very slow.
- show_last=last_bars plot limit doesn't affect load/redraw times, so it was removed from MA plot
- Max Bars Back (num_bars) default/custom set UI value doesn't seem to affect load/redraw times
- In max zoom mode all dynamic levels disappear (they behave like text)
1. based on 3EmaBB, uses plot*, barssince and security functions
2. you can't set certain constants from input due to Pinescript limitations - change the code as needed, recompile and use as a private version
3. Levels = trackprice implementation
4. Show Max Bars Back = show_last implementation
5. swma has a fixed length = 4, alma and linreg have additional offset and smoothing params
6. Smoothing is applied by default for visual aesthetics on MTF. To use exact ma mtf values (lines with stair stepping) - disable it
Good Luck! You can explore, modify/reuse the code to build your own indicators.
SadLittleThings Price Compare With Offset MTF by RRBSadLittleThings Price Compare With Offset MTF by RagingRocketBull 2018
Version 1.0
This indicator lets you compare multiple assets across different timeframes, supports offsets and alpha multipliers.
Standard TradingView Compare doesn't have Offset/Timeframe/Multiplier options, hence this indicator.
Features:
- compare current asset's price with 2 custom ext OHLC sources
- plot sources as lines/bars/candles
- use offset:
- for lines - both positive/negative offsets, unlimited
- for bars/candles - only positive offsets <= 5000
- specify timeframe for each source
- uses timeframe textbox instead of input resolution dropdown to allow for 240 120 and other custom TFs
- support for timeframes in H: H, 2H, 4H etc
- show/hide sources
- colorize sources
- convert source price to 1000s, mlns, or blns using alpha multiplier
- total bars counter
Notes on using offsets:
- Max offset is defined by study max_bars_back which is limited to 5000 for free accounts. This variable specifies the number of history bars an indicator can access.
- if you see the 'internal server study error' => one of the indexes of ohlc series is out of bounds (i.e. close ) => decrease the offset <= 5000 or switch to line type
- you will be limited only by the total number of bars in history (n) +/- 1 full screen of empty bars
- you can't scroll past the beginning of history - 1 empty screen and past the end of history + 1 empty screen to be able to still see the line with applied offset
- before applying a large offset, scroll back long enough to make sure you have enough history loaded
- if you have a long history the indicator will get slower, its UI less responsive. Reloading the page may fix that.
- you will not see source's history past the beginning of the current asset - open the chart with the longest history first (i.e. BLX, not COINBASE)
- Make sure that the Left Price Scale shows up with Auto Fit Data enabled. You can reattach the indicator to a different scale in Style.
- you may not be able to plot intraday TFs < current TF, because free accounts are limited to TFs >= D1 (i.e. D, 2D, 3D, W), but you can still plot, say, H4+ on a lower TF H1 chart
1. uses plot*, security, change
Fixed TF BBandsCombined daily and 3D Bollinger Bands into one indicator. It will show the BBands uncoupled from the current candle TF's
Chaos 3DSimply trended trade system like Bill Williams's "Profitunity".
Watch transit + rollback first!
Stochastic MFI (vegeta)Stochastic MFI
Simple Stochastic version of Money Flow indicator
MFI > RSI?
MFI considers volume. Hence, provides more robust signals (most of the times)
How to use the indicator:
More trigger signals valid, more robust the buy/ sell signal
Buy Trigger:
1. Green stoch line direction >45deg up and crosses red stoch line
2. 3 consecutive Heiken Ashi green candles
3. Price is trending w/ established trendline
Sell Trigger:
1. Green stoch line direction <-45deg down and crosses red stoch line
2. 3 consecutive Heiken Ashi red candles
Works better when used on different timeframes (3D, 1D, 6H)
The more valid triggers on different timeframes, the better the signal
P.S:
Got any recommendation for changes? Or just wanna say Hi?
Hit me up on twitter at @vegetavarun
:)
Firefly Oscillator [LazyBear]This is a modified version of a public Amibroker indicator, called Firefly.
I disabled the additional smoothing (you can enable it via options page) and updated the visual rendering (simple 3D look, histo, bar colors et al). Also, have added an option to show enclosing BB.
You can trade this like any other oscillator -- 80/20 OB/OS levels, divergences, ...
Here's a chart showing some possible customizations that are supported:
Do let me know what you guys think.
List of my public indicators: bit.ly
List of my app-store indicators: blog.tradingview.com
