MTF Trendlines_Pro[vn]-This is an indicator for trendline traders
-it statistics the upper and lower trend lines of the Multi Time Frame.
-Pine Script strategy draws pivot points and trendlines on the chart.
-This strategy allows the user to specify the interval to calculate the pivot points and the number of pivot points used to generate the trend lines.
-I use the "Trendlines_Pro " indicator to interpret the indicator "MTF trendlines_Pro " indicator for everyone to understand
-time frames are selected in settings like 1m,3m,15m,1h,2h,4h,6h,12h,1D.1W.1Month..
-If the price is in a wedge pattern, it is represented by the upper and lower parameters, the upper parameter is the resistance point of the upper trendline,the lower parameter is the support point of the below trendline
-when the price distance is <=1% from the trendline, the upper or lower parameter is colored blue (above) or red (below).
-when only the parameter is accompanied by the ⇗ or ⇘. symbol, it tells us that the price has not broken the corresponding trend line
-when showing green heart and % break .indicates that the price has broken the downtrend line to become an uptrend.
On the contrary, the red heart % breaks, it signals us to break the uptrend line to become a downtrend
-when showing parameters 12(1)|18(2)|20(3) and green heart, then :(3) shows that the price has broken out before 20 candles, (2) shows that there are 18 candles to close above The breakout point, (1) represents the last 12 candles that closed above the breakout point and as if a nice uptrend has occurred because 98% of the candles have closed above the breakout point....the opposite of The red heart is the price that broke below the trendline below.
-"MTF trendlines_Pro "indicator is integrated for both the trendline of the price line and the RSI. You can change it in the settings as shown below.
----------------------------------------------------------------------------
vietnamese
-Đây là chỉ báo dành cho các trader thuộc trường phái phân tích đường xu hướng
-nó thống kê các đường xu hướng trên và dưới của Multi Time Frame.
-Chiến lược Pine Script vẽ các điểm trục và đường xu hướng trên biểu đồ.
-Chiến lược này cho phép người dùng chỉ định khoảng thời gian tính toán các điểm xoay và số điểm xoay được sử dụng để tạo các đường xu hướng .
-tôi có dùng chỉ báo trendline_pro dùng để diễn giải chỉ báo MTF trendlines_pro cho mọi người dễ hiểu
-các khung thời gian được lựa chọn trong cài đặt như 1m,3m,15m,1h,2h,4h,6h,12h,....
-Nếu giá đang trong mô hình cái nêm thì được thể hiện bằng tham số trên và tham số dưới, tham số trên là điểm kháng cự của đường xu hướng bên trên,tham số dưới là điểm hỗ trợ của đường xu hướng bên dưới
-khi giá cách đường xu hướng <=1% thì tham số trên hoặc dưới được tô màu xanh (trên) hoặc đỏ(dưới)
-khi chỉ có tham số kèm theo biểu tượng ⇗ or ⇘.thì cho ta biết là giá chưa phá vỡ được đường xu hướng tương ứng
-khi hiện trái tim xanh và % phá vỡ .báo hiệu cho ta biết giá đã phá vỡ đường xu hướng giảm trở thành xu hướng tăng.
ngược lại trái tim đỏ % phá vỡ thì báo hiệu cho ta phá vỡ đường xu hướng tăng trở thành xu hướng giảm
-khi hiện thông số 12(1)|18(2)|20(3) và trái tim xanh thì :(3) thể hiện giá đã phá vỡ trước đó 20 nến,(2) thể hiện có 18 cây nến đóng cửa trên điểm phá vỡ,(1) thể hiện có 12 nến gần nhất đóng cửa trên điểm phá vỡ và như vạy xu hướng tăng đẹp đã xảy ra vì chiếm đến 98% nến đã đóng cửa trên điểm phá vỡ....ngược lại với trái tim đỏ là giá đã đột phá xuống dưới đường xu hướng bên dưới
-chỉ báo MTF trendlines_pro được tích hợp chung cho cả trendline của đường giá và RSI .các bạn có thể thay đổi trong phần cài đặt như hình bên dưới.
스크립트에서 "breakout"에 대해 찾기
(1-20)Dashboard trendlines PriceThis is a script about 20 trading pairs with trendline.
-on each chart of a trading pair, there is only one trendline pair: 1 uptrendline and 1 downtrendline
-so when the statistics on the table also show the column of the uptrend and the column of the downtrend
-When the price approaches any trendline but the ratio is 1%, that trendline will be colored blue (downtrend), red (uptrend)
-the column above T.line(below T.line) is the value of the current trendline compared to the closing price of the candle
-The Break up (Break down) column when the price breaks will show the green heart (break up), the red heart break (break down) and the percentage value when breaking through the point of the trendline.
-price column is the current price of the candle
-especially when a candle has closed above the trendline (assuming an uptrend), then from the 2nd tree to the current , it will count according to memory so that traders know when the price broke, and how many candles already.
-The breakdown parameter is displayed (for example, 3|8|10), which means that the price has broken through 10 candles, of which 8 trees are closing above the breakout point, and the last 3 are closing above. break point
-In addition, when displaying 3 parameters as above, the next column (above/below T.line) will display the percentage from when the price breaks that point to the current price of the candle.
-you can change the time in Resolution indicator settings to show multiple time arcs
Thank you everyone for your interest and trust
- 5 pairs are free for traders :https://vn.tradingview.com/script/KGSjrLC3/
---------------------------------------------------------------------------------
Vietnamese
Đây là script về bảng thống kê 20 cặp giao dịch với đường trendline .
-trên mỗi biểu đồ của cặp giao dịch chỉ tồn tại duy nhất 1 cặp trendline là: 1trendline tăng và 1 trendline giảm
-vì vậy khi thống kê trên bảng cũng hiển thị cột của trend tăng và cột của trend giảm
-khi giá tiến gần đến 1 đường trendline bất kì mà tỉ lệ còn 1% thì đường trendline đó tô màu xanh(trend giảm) ,màu đỏ(trend tăng)
-cột above T.line(below T.line) là giá trị của đường trendline hiện tại so với giá đóng cửa của nến
-cột Break up(Break down) khi giá phá vỡ sẽ thể thiện trái tim xanh(phá vỡ lên),trái tim đỏ vỡ(phá vỡ xuống) và giá trị phần trăm khi phá qua điểm của trendline.
-cột giá là giá hiện tại của nến
-đặc biệt khi 1 cây nến đã đóng cửa trên đường trendline(giả sử trend tăng) thì từ cây thứ 2 đến hiện tại nó sẽ đếm theo bộ nhớ để các trader biết được giá đã phá khi nào,và qua bao nhiêu nến rồi.
-thông số khi phá vỡ hiển thị (ví dụ là 3|8|10) thì hiểu là giá đã phá vỡ qua 10 nến, trong đó có 8 cây đóng cửa trên điểm phá vỡ,và 3 cây gần nhất đang đóng cửa trên điểm phá vỡ
-ngoài ra khi hiện 3 thông số như trên thì cột bên cạnh (above/below T.line) sẽ hiển thị được số phần trăm tính từ khi giá phá vỡ điểm đó đến giá hiện tại của cây nến.
-các bạn có thể thay đổi thời gian trong cài đặt chỉ báo Resolution để hiển thị nhiều cung thời gian
Cảm ơn mọi người đã quan tâm và tin dùng
Dashboard trendlines Price(ichimoku14642)Happy new year 2023
Dedicated to traders, the trendline indicator of 5 trading pairs is automatically listed in this table. Wish success
-on each chart of a trading pair, there is only one trendline pair: 1 uptrendline and 1 downtrendline
-so when the statistics on the table also show the column of the uptrend and the column of the downtrend
-When the price approaches any trendline but the ratio is 1%, that trendline will be colored blue (downtrend), red (uptrend)
-the column above T.line(below T.line) is the value of the current trendline compared to the closing price of the candle
-The Break up (Break down) column when the price breaks will show the green heart (break up), the red heart break (break down) and the percentage value when breaking through the point of the trendline.
-price column is the current price of the candle
-SYMBOL is all taken from Binance in the perpetual contract
-especially when a candle has closed above the trendline (assuming an uptrend), then from the 2nd tree to the current , it will count according to memory so that traders know when the price broke, and how many candles already.
-The breakdown parameter is displayed (for example, 3|8|10), which means that the price has broken through 10 candles, of which 8 trees are closing above the breakout point, and the last 3 are closing above. break point
-In addition, when displaying 3 parameters as above, the next column (above/below T.line) will display the percentage from when the price breaks that point to the current price of the candle.
Thank you everyone for your interest and trust
Đây là script về bảng thống kê đường trendline .
-trên mỗi biểu đồ của cặp giao dịch chỉ tồn tại duy nhất 1 cặp trendline là: 1trendline tăng và 1 trendline giảm
-vì vậy khi thống kê trên bảng cũng hiển thị cột của trend tăng và cột của trend giảm
-khi giá tiến gần đến 1 đường trendline bất kì mà tỉ lệ còn 1% thì đường trendline đó tô màu xanh(trend giảm) ,màu đỏ(trend tăng)
-cột above T.line(below T.line) là giá trị của đường trendline hiện tại so với giá đóng cửa của nến
-cột Break up(Break down) khi giá phá vỡ sẽ thể thiện trái tim xanh(phá vỡ lên),trái tim đỏ vỡ(phá vỡ xuống) và giá trị phần trăm khi phá qua điểm của trendline.
-cột giá là giá hiện tại của nến
-SYMBOL là toàn bộ lấy của sàn Binance trong hợp đồng vĩnh cửu
-đặc biệt khi 1 cây nến đã đóng cửa trên đường trendline(giả sử trend tăng) thì từ cây thứ 2 đến hiện tại nó sẽ đếm theo bộ nhớ để các trader biết được giá đã phá khi nào,và qua bao nhiêu nến rồi.
-thông số khi phá vỡ hiển thị (ví dụ là 3|8|10) thì hiểu là giá đã phá vỡ qua 10 nến, trong đó có 8 cây đóng cửa trên điểm phá vỡ,và 3 cây gần nhất đang đóng cửa trên điểm phá vỡ
-ngoài ra khi hiện 3 thông số như trên thì cột bên cạnh (above/below T.line) sẽ hiển thị được số phần trăm tính từ khi giá phá vỡ điểm đó đến giá hiện tại của cây nến.
Cảm ơn mọi người đã quan tâm và tin dùng
Cosmic Channel LiteCosmic Channel Lite ( CC Lite) draws dynamic non-repainting trendlines and helps
⭐ know when a breakout is about to begin
⭐ predict the position and timing of the next swing reversal
⭐ predict sudden changes in volatility
⭐ recognize whether the price is in bearish or bullish territory
👀 HOW IT WORKS
Cosmic Channel Lite draws a dynamic channel consisting of a support line, basis line and resistance line. These are calculated by applying the Reduced Median Method to groups of moving averages of different type over several periods each, effectively taking 20 data points and reducing them to 3. In between, 6 internal levels are left to give context inside the channel with stable levels, the extremes of which help highlight the SR lines (see chart). The basis line color is determined by its smoothed angle with positive angles in green and negative in purple. The aim of this indicator is to provide a consistent and generic price context that works out-of-the-box and accordingly the settings have been stripped to the bare minimum with no need to continually adjust them.
📗 HOW TO USE IT
The Cosmic Channel Lite plots are meant to be used as a guide for entering and exiting positions and setting stop-loss and take profit levels. The indicator is deemed effective for any particular timeframe as long as the price stays within the maximum bounds of the indicator's plots. For this reason it is recommended to use Cosmic Channel Lite in a multi-chart layout where each chart has a different timeframe. The 5 primary strategies are:
long when the price reverses off of the support line and short when the price reverses off of the resistance line
long when the support line is highlighted and short when the resistance line is highlighted
long when the price breaks above the resistance line and short when the price breaks below the support line
long when the price moves above the basis line after being below it for a prolonged period and visa-versa (short when the price moves below the basis line)
long/short in the direction the price takes after a stable level ends
🔔 SMART ALERTS
Get notified at the most critical times by settings just one alert. Simply select CC Lite and Any alert() function call as the conditions when creating an alert and you will be tipped-off on bar-close as follows:
R─ (resistance line is highlighted)
S─ (support line is highlighted)
For example, an alert such as CC Lite 6h R─ would mean that during the last 6-hour bar the resistance line has been highlighted. The highlight lasts at least 15 bars from the first highlight bar regardless of price action.
HMA Breakout Buy/Sell indicator for Scalping & Intraday - ShyamHi All,
This is a very simple indicator which provides the buy signal, when the moving average lines turns Green and sell signal, when the moving average signal turns red. This can be used for both intraday and scalping method with different timeframes. But best time frame is 5 minutes.
Buy Signal >>> Line turns GREEN (Use trailing SL to cover maximum profit)
Sell Signal >>> Line turns RED (Use trailing SL to cover maximum profit)
No trade >>> Line turns GRAY
Best timeframe >>> 5 minutes
Thanks,
Shyam
CONSOLIDATION BAND BREAKOUT [5MIN TF]CONSOLIDTION BREAKOUT STRATEGY for 5 minute Time-Frame , that has the time condition adjustable for Indian Markets.
// ══════════════════════════════════════════════════════════════════════════ //
Unlike the Free Scripts - Risk Management , Position Sizing , Partial Exit etc. are also included .
Message to know more about the strategy.
// ══════════════════════════════════════════════════════════════════════════ //
The Timing can be changed to fit other markets, scroll down to "TIME CONDITION" to know more.
The commission is also included in the strategy .
The basic idea is when ,
1) Price crosses above upper Level ,indicated by Red Line, is a Long condition .
2) Price crosses below lower Level ,indicated by Green Line , is a Short condition .
3) Candle close crosses above ema1 , is a part of the Long condition .
4) Candle close crosses below ema1 , is a part of the Short condition .
5) Allowed hours specifies the trade entry timing.
6) ATR STOP is the stop-loss value on chart , can be adjusted in INPUTS.
7) Target 1 is the 1st target value on chart , can be adjusted in INPUTS.
8) RISK is Maximum Risk per trade for the intraday trade can be changed .
9) Total Capital used can be adjusted under INPUTS.
10) ATR TRAIL is used for trailing after entry, as mentioned in the inputs below.
11) Check trades under the list of trades .
12) Trade only in liquid stocks .
13) Risk only 1-5% of total capital.
14) Inputs can be changed for better back-test results, but also manually check the trades before setting alerts
15) SQUARE OFF TIME - As you change the time frame , also change the square-off time to that candle's closing time.
Eg: For 3min Time-frame , Hour = 2Hrs | Minute = 57min
16) Strategy stops for the day if you have a loss .
*The input values and the results are mentioned under "BACKTEST RESULTS" below*
// ══════════════════════════════ //
// ————————> RISK MANAGEMENT <——————— //
// ══════════════════════════════ //
Risk management is done based on max loss per trade and can be adjusted in the INPUTS.
// ═══════════════════════════ //
// ————————> POSITION SIZE <——————— //
// ═══════════════════════════ //
Quantity of each trade is different based on the loss
// ═════════════════════════ //
// ————————> PROPERTIES <——————— //
// ═════════════════════════ //
COMMISSION , SLIPPAGE ,RECALCULATE is already mentioned .
COMMISSION can be charges , based on the broker charges.
// ═══════════════════════════════//
// ————————> TIME CONDITION <————————— //
// ═══════════════════════════════//
The time can be changed in the INPUT.
The Indian Markets open at 9:15am and closes at 3:30pm.
The 'Allowed hours' under Inputs specifies the time at which Entries should happen .
"Close All" function closes all the trades before 3pm , at the open of the next candle.
To change the time to close all trades , check INPUT.
All open trades get closed at 3pm , because some brokers don't allow you to place fresh intraday orders after 3pm .
// ═══════════════════════════════════════════════ //
// ————————> BACKTEST RESULTS ( 123 CLOSED TRADES )<————————— //
// ═══════════════════════════════════════════════ //
INPUTS can be changed for better Back-Test results.
The strategy applied to NSE:TCS (5 min Time-Frame and with a capital of 1,00,000 ) gives us 77% profitability , as shown below
It was tested for a period a 1 year with a Profit Factor of 2.143 ,net Profit of 10,886 Rs .
The Initial Capital and Risk can be increased for better results.
The graph has a Linear Curve with Consistent Profits.
The INPUTS are as follows,
1) LENGTH ——————————————> 79
2) MUT_STDEV ————————————> 2.3
3) ALLOWED HRS ———————————> 9:25 TO 14:30
4) ATR STOP ——————————————> 2.2
5) RISK ——————————————————> 400
6) ATR TRAIL ———————————————> 2.6
7) TARGET 1 ————————————————> 2.1
8) MAX POSITION VALUE ——————————> 1,00,000
8) MAX DRAWDOWN —————————————> 2,000
8) SQUARE-OFF ————————————————> 14:55
NSE:TCS
Apply it to your charts Now !!
Send us a message to know more about this strategy
Thank You ☺ NSE:TCS
three bar breakout diegothree bar breakout linda
this indicator ienables me to see this chart pattern, inside day within two previous bars
Trend Breakout high/low #1What is the Trend Breakout high/low #1?
This script uses the high/low of each fixed time period as a conditional judgment, and when the high/low is broken as a buy/sell signal, trying to capture a trend.
How to use this script?
Start date and Stop date: You can choose the date of the test.
Trading cycle: Selected time period is used as the basis for determining the high/low and is limited to one trade only.
Stop range: This value will calculate the stop loss range. Set 50-100 that is better
Fixed mode: Fixed of lots per transaction.
---Additional Functions---
Reversal mode: Reversing the buy and sell signals, may be useful in certain situations.
Wighted mode: Increased profitability under certain conditions
When win & When lose:Judgment when there is an ongoing loss/profit as a condition, may be useful in certain situations.
Use closing price: Use the closing price breakout high/low as a conditional judgment, but this function sometimes fails.
Notes:
Trading cycle and your chart time period can't be set too close,that will result repainting.
Stop range can't be set too small,that will result repainting either.
SUPPORT RESISTANCE STRATEGY [5MIN TF]A SUPPORT RESISTANCE BREAKOUT STRATEGY for 5 minute Time-Frame , that has the time condition for Indian Markets
The Timing can be changed to fit other markets, scroll down to "TIME CONDITION" to know more.
The commission is also included in the strategy .
The basic idea is when ,
1) Price crosses above Resistance Level ,indicated by Red Line, is a Long condition.
2) Price crosses below Support Level ,indicated by Green Line , is a Short condition.
3) Candle high crosses above ema1, is a part of the Long condition .
4) Candle low crosses below ema1, is a part of the Short condition .
5) Volume Threshold is an added confirmation for long/short positions.
6) Maximum Risk per trade for the intraday trade can be changed .
7) Default qty size is set to 50 contracts , which can be changed under settings → properties → order size.
8) ATR is used for trailing after entry, as mentioned in the inputs below.
// ═════════════════════════//
// ————————> INPUTS <————————— //
// ═════════════════════════//
→ L_Bars ———————————> Length of Resistance / Support Levels.
→ R_Bars ———————————> Length of Resistance / Support Levels.
→ Volume Break ———————> Volume Breakout from range to confirm Long/Short position.
→ Price Cross Ema —————> Added condition as explained above (3) and (4).
→ ATR LONG —————————> ATR stoploss trail for Long positions.
→ ATR SHORT ————————> ATR stoploss trail for Short positions.
→ RISK ————————————> Maximum Risk per trade intraday.
The strategy was back-tested on TCS ,the input values and the results are mentioned under "BACKTEST RESULTS" below.
// ═════════════════════════ //
// ————————> PROPERTIES<——————— //
// ═════════════════════════ //
Default_qty_size ————> 50 contracts , which can be changed under
Settings
↓
Properties
↓
Order size
// ═══════════════════════════════//
// ————————> TIME CONDITION <————————— //
// ═══════════════════════════════//
The time can be changed in the script , Add it → click on ' { } ' → Pine editor→ making it a copy [right top corner} → Edit the line 27.
The Indian Markets open at 9:15am and closes at 3:30pm.
The 'time_cond' specifies the time at which Entries should happen .
"Close All" function closes all the trades at 3pm , at the open of the next candle.
To change the time to close all trades , Go to Pine Editor → Edit the line 92 .
All open trades get closed at 3pm , because some brokers don't allow you to place fresh intraday orders after 3pm .
// ═══════════════════════════════════════════════ //
// ————————> BACKTEST RESULTS ( 100 CLOSED TRADES )<————————— //
// ═══════════════════════════════════════════════ //
INPUTS can be changed for better Back-Test results.
The strategy applied to NSE:TCS ( 5 min Time-Frame and contract size 50) gives us 60% profitability , as shown below
It was tested for a period a 6 months with a Profit Factor of 1.8 ,net Profit of 30,000 Rs profit .
Sharpe Ratio : 0.49
Sortino Ratio : 1.4
The graph has a Linear Curve with Consistent Profits.
The INPUTS are as follows,
1) L_Bars —————————> 4
2) R_Bars —————————> 4
3) Volume Break ————> 5
4) Price Cross Ema ——> 100
5) ATR LONG ——————> 2.4
6) ATR SHORT —————> 2.6
7) RISK —————————> 2000
8) Default qty size ——> 50
NSE:TCS
Save it to favorites.
Apply it to your charts Now !!
Thank You ☺ NSE:TCS
Pro Trading Art Open Range Breakout StrategyThis strategy is based on Selected Candle High Low Breakout with buffer point.
You can select specific candle from input tab by giving time of that candle.
Default Settings:
Start Hour : Hour of starting candle means from this input you can specify opening candle. Default is 9.
Start Minute: Minute of starting candle. Default is 15. Means Default opening candle is 9:15
Stop Hour : Means After this time no new trade will execute.
End Hour & End Minute & Close All Trade : Means when you specify End Hour and Minute and Close all trade is true then strategy will close all trade on specified time.
Buffer : With the help of this option you can add some point in High and low of Opening Candle
Trade Mode : You can specify Target and Stop Loss in point or Percent
Stop Loss Point or Percent : This will work according to Trade Mode
Target Point Or Percent : This will work according to Trade Mode
Pivot Average [Misu]█ This Indicator is based on Pivot Points.
It aggregates closed Pivot Points to determine a " Pivot Average " line.
Pivot Points here refer to highs and lows.
█ Usages:
Pivot Average can be used as resistance or breakout area.
It is also very usefull to find battle zones.
It can also be used as a trend indicator: when the price is below, trend is down, when price is above, trend is up.
Mixed with momentum/volatility indicator it is very powerfull.
█ Parameters:
Deviation: Parameter used to calculate pivots.
Depth: Parameter used to calculate pivots.
Length: History Lenght used to determine Pivot Average.
Smoothing MA Lenght: MA lenght used to smooth Pivot Average.
Close Range %: Define price percentage change required to determine close pivots.
Color: Color of the Pivot Average.
Inside Bar SetupScript Details
- This script plots Inside Bar for given day in selected time-frame (applicable only for Timeframes < Day)
- Basis plotted inside bar, relevant targets are marked on the chart
- Targets can be customised from script settings. Example, if range of mother candle is 10 points, then T1 is 10 * x above/below mother candle and T2 is 10 * y above/below mother candle. This x & y are configured via script settings
How to use this script ?
- This script works well on 10-15 mins timeframe for stocks, 15/30 mins timeframe for nifty index and 30/60 mins time frame for bank nifty index
- If mother candle high is broken, take long trade with SL of mother candle low and if low is broken, take short trade with SL of mother candle high
Remember:
1. Above logic is to be combined with support/resistances i.e. price action. This script is an add-on to price action analysis giving you more conviction.
2. If range of mother candle is very high, it is recommended to avoid the trade.
3. Basis inside bar formed on higher time frame, take trade on basis of lower time frame i.e if inside bar is formed on 60 mins, take trade on the basis of 10-15 mins time frame
Example:
1. As seen in the chart, Nifty is near it's resistance and we are seeing Inside Bar being formed, In such scenario, even if High of Mother Candle is broken, we should be more interested to short as we are near resistance and probability of getting our targets in long side is less.
2. So, if I see breakdown of mother candle i.e. price going below low of mother candle, we will short with SL of high of mother candle.
3. As seen in the chart, both the targets are achieved.
Additional Info:
1. Targets on Long/Short Side can be configured via settings. For indices 1 times/1.5 times the range works well.
2. This script plots targets basis the first inside bar formed in the day for selected time frame.
3. Inside bars formed through out the day are coloured separately but lines are plotted only on the basis of 1st formed inside bar as this strategy works well for the first formed inside bar)
4. Don't forget to check volume in case of breakout/breakdown.
Note:
1. Mother Candle - First Candle of Inside Bar
2. Child Candle - Candle formed inside Mother Candle (Second Candle of Inside Bar)
Happy Trading :)
Crypto Breakout IndicatorHey Guys,
The idea of the script is that accumalation and small pumps do happen before the big ones, therefore, i tried to create a breakout indicator that can tell that:
the script components are:
1- Price to consolidate within 15% range between the highest of 6 candles and lowest of 6 candles
2- Price needs to breakout with minimum of 1% and maximum of 20%
3- Price needs to have sufficient volume, hence volume of current bar needs to be higher than previous one with 10% at least
4- RSI needs to be between 50 and 75
5- Bollinger Bands Percentage needs to be equal or lower than 1
6- Price is closing above EMA200
I tried to make all these numbers to be available for you guys through settings so you can tell me about any better settings!
Day Trade Indicator [by KN Lo]Design for LONG and Day Trade only
=============================
features (this indicator is able to):
- show EMA 9, 50, 200 & VWAP
- show Candle Pattern (e.g. Engulfing, Shooting Star)
- show HMA fast(10) / slow(50) lines
- show Breakout Signal (Blue triangle)
- show RSI Divergence
- find Volitility Decreasing
- find Consolidation stage
- change Background color (green) when positive figures
- show indicator table
=============================
indicator table:
- Price over VWAP
- Price over EMA200
- EMA9 > EMA50 > EMA200
- RSI < 80
- EMA9 > VWAP
- MACD fast > slow
- HMA fast > slow
- RSI Divergence (compare with previous higher high)
- Breakout Signal when the price is higher than previous high
- Volitility: the difference between previous high (9 periods) and previous low (9 periods), average by SMA, if lower than -30, show in green color.
- Consolidation: consider previous 7 periods to find consolidation stage.
Qullamaggie Daily with ADR% and Compression RangeQullamaggie Daily
This Indicator is a Combination of Moving Averages (Simple and Exponential) as definied from Qullamaggie and used in his TC2000 Setup
Moving Averages:
- The Moving Averages are Guidelines for the current Trend and are not decive for the Entry
- They shall be a quick view and visual assistance to find strong momentum stock that are currently in a Phase of a "Flag Pattern"
ADR% 20 Day:
- Average Daily Range in % should indicate the Momentum of the Stock. It is similar but still works different as the Volalitily indicators.
- A stock is recommend to a have a ADR% above 5-6 to be considered a Momentum Leading Stock.
Consolidation Range:
- This Indicator should help to define Ranges in which the Volumen get compressed(increase) while the price movement is minimal
- A strong breakout is to be expected. The Range should be easier to be identified with this indication.
CCI+MACD+VWAP+BreakoutDesign for LONG and Day Trade only
- Identify buy and sell signal using CCI
- Green Zone when
-- Price over VWAP
-- EMA9 > EMA50 > EMA200
-- MACD fast > MACD slow
- Yellow Zone when either one failed
- White line occurs when breakout of Higher High + Higher Low
Parabolic SAR breakout [SugarTrader77]Parabolic SAR with:
- On chart visuals
- Alarms
to notify when price breaks up/down the SAR flipping point level
Created only for community testing only. Trade at your own risk.
LNL Squeeze ArrowsIf you struggle with the entries, low % win rate or trading the squeeze setup overall, this indicator is for you!
If you look closely at your losing trades, chances are the losers have one thing in common = inverse momentum. I created this tool after I found out that Stacked EMAs and picture perfect trend is not the only thing you need for a squeeze setup. Squeeze arrows pinpoint the exact moment where the squeeze momentum change happens (momentum change is absolutely crucial for the squeeze setup). These arrows will help you stay out of "everything was aligned but still failed" type of setups.
Squeeze Arrows:
1. Momentum Arrows (cyan blue/red) - Showing the best possible moment for an entry during the squeeze (after you see one, you can expect the squeeze to fire soon).
2. Slingshot Arrows (yellow) - Even though you can trade off of them, these arrows work mostly as a confirmation & caution tool. If an inverse slingshot arrow is plotted during a squeeze that means caution = you should wait because momentum is not on your side thus there there is a quite high probability that the squeeze can fire the other direction.
Squeeze Dots Trigger:
Represents the number of red dots (squeeze) after which the arrows should plot. Default = 5 (only after 5 red dots, arrows will appear), some traders like to set it on 3 or even 1.
Tips & Tricks:
1.Breakout or Bailout Mentality
- The big advantage of the arrows is the fact that they either work straight away or they don't. This is where you can apply the breakout or bailout mentality and really focus exclusively on the breakout part of the whole squeeze move. You can minimize the risk by putting mental stops just a few points below the last low of the candle where the arrows appeared. That way you can be stopped out even during the squeeze = won't hurt as much as when the squeeze fire the opposite direction. Reward may be the same but the risk is lower.
2. Yellow Flags
- Use the slingshot arrows as a caution tool. Even if all your squeeze criteria are met. Yellow inverse arrow = caution (wait for the true momentum change). Once the slingshot arrow appears in the conext of the trend, you are good to go.
3. Last Arrow Rule
- Sometimes you will see a lot of arrows during the longer squeezes. This is where the last arrow rule come in handy. The last arrow you see on chart can be canceled anytime by a new one. The last arrow is the valid one!
Hope you can squeeze from these squeeze arrows as much as there is to squeeze so you can finally trade the squeeze with ease.
Hope it helps.
StockBee 4% BreakoutThe Stockbee 4% Breakout script is a study tool for users who wants to do a deep dive on StockBee's 4% Breakout momentum burst method. This script will assist a specific group of traders who trade this method easily find historical momentum bursts. This script finds and colors red any candle body that meets the following criteria:
1. Volume of the candle is greater than the previous candle volume.
2. The percent change of candle's price is greater than 4% from the previous candle close.
3. Current candle close is less than 30% from candle's high.
This script also filters out any candle that gaps up and breaks down with a close above 4% the previous candle (Eliminates gap-ups that fade). This tool is meant to find and filter possible candidates. Not every marked candle is a great momentum burst trade.
This is very helpful for Trading View users trading this specific setup.
[TH] Volatility BreakoutVolatility Breakout Strategy for TradingHook.
This strategy is not for backtesting but for forward-testing starting when added to chart.
It can make and send a formatted message string for buy and sell order using alert.
[TTI] Volume Rulesibb.co
👆 Look at how the script looks when you hover with the mouse
––––History & Credit
Volume and Price action have been the sole foundation to technical traders since technical analysis has been around. This indicator includes some of the important volume rules that I have collected over the years and the ones I have seen that work. In general credit for the methods used in this indicators has to go to William O'Neil, Stockbee and Mark Minervini.
–––––What it does
There are 3 functions of the Volume rules indicator. The top line, the bottom line and the label.
1️⃣. The top line looks at a few basic volume patterns that are important to pay attention too.
🔵 Higher volume than yesterday and day closes up
🟣 Higher volume than yesterday and day closes down
🟡 Volume X times higher (defined in settings) over the last Y (defined in settings) days. Default is 2x higher compared to yesterday.
2️⃣ The bottom line looks at StockBee Labels
L4 custom criteria + 100k minimum trading day (bearish)
H4 custom criteria + 100k minimum trading day (bullish)
L9 custom criteria + 9M minimum trading day (bearish)
H9 custom criteria + 9M minimum trading day (bullish)
L49 custom criteria + 49M minimum trading day (bearish)
H49 custom criteria + 49M minimum trading day (bullish)
StockBee Labels:
ibb.co
3️⃣ The label looks wether the picked ticker meets the minimum requirement for trading (as per methodology) and how is the price action performing.
TDV = total dollar trading volume
Trading Volume = #stocks
If the above 2 meet the criteria in the settings pannel the label is green if both do not meet the label is red and if one is met and the other is not the label is yellow.
Additional comparison of the trading volume to the 10D, 20D and 50D MA of the volume and two custom indicators:
1. Volume Signature = whereby the indicator looks that the highest down volume over the last 10days and compares it to todays volume
2. Vol in vs Vol out = whereby the indicator looks at the volume of the breakout compared to the average down volume over the last 10 days
–––––How to use it
When trading always look for volume confirmation in the direction of your trend. The volume footprints are one of the ways to shadow institutional support. Bearish and Bullish signals are described above.
[TTI] Pinch AVWAPs––––History & Credit
This indicator came from studying Alpha trends and the concept from CMT Brian Shannon
–––––What it does
Upon uploading choose two dates from which the script will calculate Anchored VWAP from both dates. The dates can be easily moved for faster adjustment and re-calculation.
–––––How to use it
If you are trading a breakout methodology like myself, look for the "pinch" of the AVWAPs. Preferably, a bottom AVWAP moving up and a top AVWAP moving down. Choose important dates (this is rather subjective) for the AVWAP dates. These can be important events like Earnings or Divident Announcements. Or places where there is a change of structure of the Supply and Demand dynamic.
CPR WITH BREAKOUTCPR with 10-30 mins Breakout
This indicator includes CPR with 15-30 mins breakout, resistance, support, previous day low, previous day high, day low and day high etc,
please backtest before use
regards
The Malayali Trader