Round Numbers Breakouts Smart Formula Signals and AlertsThis indicator uses Round Numbers breakouts and then uses smart formula with the near Round Numbers to determine best TP (take profit)/SL (stop loss) areas. Furthermore, it calculates win percentage, shows in-profit/in-loss peaks and the price amount result over a customizable date range, which when combined well with the smart formula provides decent profitable outcome. I have decided to write my own backtesting engine as the integrated TradingView strategy one has limitations and has shown inconsistencies when compared to manual backtesting…
There are many settings you can manually change to trade any instrument, any style, any approach and there are presets included for Bitcoin(BTCUSD), FOREX(EURUSD), SPY(S&P500), so you can start trading immediately! Alerts correspond to indicator settings and are turned on with a few clicks. There are 3 tables (each can be shown/hidden) showing everything you need to see/know to calibrate the indicator as you wish.
Labels, lines, tables explanations (everything can be hidden/shown):
- LONG Labels: medium-green: position open, dark-green: SL, bright-green: TP, blue: TP2
- SHORT Labels: medium-red: position open, dark-red: SL, bright-red: TP, purple: TP2
- Gray circles: position entry area | Yellow crosses: SL area
- Green line: Long TP1, Blue line: Long TP2 | Red Line: Short TP1, Purple line: Short TP2
- Grey lines: Round Numbers (customized via “Round Number up/down measure unit” input)
- Yellow labels at end of each week: end of week OVERALL total results
- Red colored background: power segment
- 3 tables: 1) INFO | STATS, 2) SPY Options Calculator, 3) Indicator Settings
If you decide to fully customize the indicator yourself, on the very top - under “PRESETS” select “MANUAL”! NOTE: If you select any of the pre-set presets, only GLOBAL settings can be changed, the rest of the settings will be “frozen” until you switch it to “MANUAL”!
- Global Settings are self-explanatory and mainly observational, show/hide, etc.
- Manual TP2 (Multi-Take-Profit) Settings:
>>>>> Include TP2 System? Turn on/off multi-profit system, with this unchecked, every trade will either end with SL or with TP1.
>>>>> TP2 System: NEAREST/FORMULA, NEAREST – after TP1 is taken > next TP2 will be a round number price target nearest to where TP1 was taken (sometimes it can be very near, sometimes further away…), FORMULA – 2nd round number price target will be optimally selected based on the distance behind and ahead of TP1 area. For TP2 – FORMULA would be the most logical choice as with multi-take-profit setting turned on – you’d want to ride it out as far as possible.
>>>>> TP1/TP2 division type: 1) Each price target (TP1, TP2) will be ½ of the position 2) TP1 will be 2/3 of the position and TP2 will be the remaining 1/3.
>>>>> TP2 hit type: “close” > candle has to close on top/crossing the price target line, “touch” > once candle touches the price target – you will be immediately alerted to take the partial profit (if you will use such setting – you will need to take the partial profits as soon as you receive the alert.
>>>>> TP1 > Back to Entry hit type: similar to TP2, “close” > candle close, “touch” > candle touch. Please note: this is a very tricky setting as if you use “close” option – your profitable trade may become a loss if a huge candle will close against your position eliminating your TP1 profit, however often the price will touch and cross the entry area to only bounce and continue with your position direction for even bigger profits… so experiment with the date range results to see what works best for your instrument/setting/strategy.
>>>>> TP2 count towards trades count: this can be a bit confusing, but it is simply how should TP2 be treated towards trades count. The indicator will show you Win Percentage and Win % is obtained from winning trades count divided by total trades count. While TP2 is not “a new trade”, it expands the profit of the trade. This is an experimental setting to count TP2 as the whole winning trade, ½ of a trade, or not count it at all.
- Manual Signals/TP1 Settings:
>>>>> TP1/TP2 offset: this one is really cool, with this feature you can hunt these conditions when the price comes very near the profit target area, but never touches it. With this setting turned on and with a good offset amount – you will be able to catch these for TP1 and TP2!
>>>>> TP1/TP2 offset amount: just what the title says, please be careful with this as this number varies significantly depending on the instrument you will be trading. Examples: 1) For SPY 0.1 would be $0.10 offset - if TP1 is $400 and price hits $399.90 > TP1 considered taken/signal shown/alert) | 2) For EURUSD, it is very different and if wrong will show TP1 immediately at position open, typical good offset for EURUSD is: 0.0005 | 3) For BTCUSD, 10 - $10 offset, if TP is $15,000 > $14,990, etc.
>>>>> Round Number up/down measure unit (in dollars $): this one is very important if you will be using “MANUAL” selection to build your own setup as it is very different for every instrument. For SPY, round numbers are single dollars or even half-dollar 50 cent numbers: 1 or 0.5 (350, 351, 352, etc. or 350.50, 351, 351.50, 352, etc.), while for Bitcoin (BTCUSD) a single unit ($1) is too small to be a round number as Bitoin moves much faster and wider every second and it would have to be at least 50 ($50) to make sense. Similar for FOREX (EUR/USD) a single 1 unit ($1) will be too big as EURUSD will never move a whole $1 in 15 minutes or even a day.. and would have to be something like 1.05500. You can easily determine if this number makes sense for your instrument by observing the grey Round Number lines which will correspond based on this setting. You can also visually observer if the price of the instrument appreciates these round numbers.
>>>>> Close Position Before Market Closes: just what the title says. Indicator will close the position 15 minutes before market closes (US session), update backtesting stats, alert you.
>>>>> Close Position Before Power Hour: 3PM – 4PM ET is the last hour of US trading session, where sudden move in any direction can happen with huge volatility, while sometimes nothing will happen at all… Many try to avoid it, so if you wish to avoid it as well - turn this on and it will alert you to close your positions 15 minutes before Power Hour starts, backtesting/stats will be adjusted accordingly.
>>>>> Skip OVERSIZED candles in signals: turn on this setting to skip signals, which happen to fall on big candles. This is basically a protection from huge volatility moves, which usually happen during financial news/events and if you are not a fan of these – you can set this option for indicator to not open anything based on the candle size.
>>>>> Color OVERSIZED candles: this will help you calibrate the size of the OVERSIZED candles if you decide to use this setting and overall visually see them.
>>>>> OVERSIZED candle size: OVERSIZED candle size must be input as it varies significantly. Please note: for each instrument – the size number is completely different, as for SPY: 2 would mean any candle bigger than $2 distance will be considered OVERSIZED, for Bitcoin it would have to be several hundred dollars, like 400-500. For FOREX, this would have to be a decimal, for EURUSD something like 0.0005. It’s best to experiment visually with this setting depending on the instrument you will be trading while setting up the size. To see a typical huge unusual candle – look up financial calendar for something like FOMC meeting, then measure the candle input it into this setting.
>>>>> OVERSIZED candle size calculation type: this is just more flexibility for your preference. If you wish to calculate the size of the candle based on the open/close – select “BODY”, if you wish to use high/low – select “STICKS (from tip to tip)”. Hard to say which one is better, so it is up to you to decide.
>>>>> Include EMA in signal formula: LONG signals will only be shown only if above EMA, SHORT if below EMA. EMA length is of course customizable in below.
>>>>> Skip opposite candle types in signals: signals where the candle color confirms the direction of the trade, but the candle type is opposite (like a green colored bearish hammer for example) will be avoided (such candles can be very uncertain/deceptive).
>>>>> Skip doji: signals where the signal candle is doji (uncertain) will be avoided.
>>>>> TP1 hit type/system: same thing as TP2 hit type/system.
>>>>> SL hit type/system: same as TP1 and TP2 types/systems.
>>>>> Intraday Session Signals Active Time in ET: time range during the day when indicator will show signals (open trades, alert you, etc.). This is specifically for intraday trading. You can turn it off completely by selecting a BLANK option.
>>>>> Intraday TP/SL Active Time in ET: same as above, but for taking profits/stop losses.
*** To add the alerts
-Right-click anywhere on the TradingView chart
-Click on Add alert
-Condition: Select this indicator by it’s name
-Alert name: Whatever you want
-Hit “Create”
-Note: If you change ANY Settings within the indicator – you must DELETE the current alert and create a new one per steps above, otherwise it will continue triggering alerts per old Settings!
If you wish to try this out for a week or so – please write me directly and I will give you access.
스크립트에서 "stop loss"에 대해 찾기
Open Interest Profile (OI)- By LeviathanThis script implements the concept of Open Interest Profile, which can help you analyze the activity of traders and identify the price levels where they are opening/closing their positions. This data can serve as a confluence for finding the areas of support and resistance , targets and placing stop losses. OI profiles can be viewed in the ranges of days, weeks, months, Tokyo sessions, London sessions and New York sessions.
A short introduction to Open Interest
Open Interest is a metric that measures the total amount of open derivatives contracts in a specific market at a given time. A valid contract is formed by both a buyer who opens a long position and a seller who opens a short position. This means that OI represents the total value of all open longs and all open shorts, divided by two. For example, if Open Interest is showing a value of $1B, it means that there is $1B worth of long and $1B worth of short contracts currently open/unsettled in a given market.
OI increasing = new long and short contracts are entering the market
OI decreasing = long and short contracts are exiting the market
OI unchanged = the net amount of positions remains the same (no new entries/exits or just a transfer of contracts occurring)
About this indicator
*This script is basically a modified version of my previous "Market Sessions and Volume Profile by @LeviathanCapital" indicator but this time, profiles are generated from Tradingview Open Interest data instead of volume (+ some other changes).
The usual representation of OI shows Open Interest value and its change based on time (for a particular day, time frame or each given candle). This indicator takes the data and plots it in a way where you can see the OI activity (change in OI) based on price levels. To put it simply, instead of observing WHEN (time) positions are entering/exiting the market, you can now see WHERE (price) positions are entering/exiting the market. This is the same concept as when it comes to Volume and Volume profile and therefore, similar strategies and ways of understanding the given data can be applied here. You can even combine the two to gain an edge (eg. high OI increase + Volume Profile showing dominant market selling = possible aggressive shorts taking place)
Green nodes = OI increase
Red nodes = OI decrease
A cluster of large green nodes can be used for support and resistance levels (*trapped traders theory) or targets (lots of liquidations and stop losses above/below), OI Profile gaps can present an objective for the price to fill them (liquidity gaps, imbalances, inefficiencies, etc), and more.
Indicator settings
1. Session/Lookback - Choose the range from where the OI Profile will be generated
2. OI Profile Mode - Mode 1 (shows only OI increase), Mode 2 (shows both OI increase and decrease), Mode 3 (shows OI decrease on left side and OI increase on the right side).
3. Show OI Value Area - Shows the area where most OI activity took place (useful as a range or S/R level )
4. Show Session Box - Shows the box around chosen sessions/lookback
5. Show Profile - Show/hide OI Profile
6. Show Current Session - Show/hide the ongoing session
7. Show Session Labels - Show/hide the text labels for each session
8. Resolution - The higher the value, the more refined a profile is, but fewer profiles are shown on the chart
9. OI Value Area % - Choose the percentage of VA (same as in Volume Profile's VA)
10. Smooth OI Data - Useful for assets that have very large spikes in OI over large bars, helps create better profiles
11. OI Increase - Pick the color of OI increase nodes in the profile
12. OI Decrease - Pick the color of OI decrease nodes in the profile
13. Value Area Box - Pick the color of the Value Area Box
14. Session Box Thickness - Pick the thickness of the lines surrounding the chosen sessions
Advice
The indicator calculates the profile based on candles - the more candles you can show, the better profile will be formed. This means that it's best to view most sessions on timeframes like 15min or lower. The only exception is the Monthly profile, where timeframes above 15min should be used. Just take a few minutes and switch between timeframes and sessions and you will figure out the optimal settings.
This is the first version of Open Interest Profile script so please understand that it will be improved in future updates.
Thank you for your support.
** Some profile generation elements are inspired by @LonesomeTheBlue's volume profile script
CHN BUY SELLCHN BUY SELL is formed from two RSI indicators, those are RSI 14 and RSI 7 . I use RSI 14 to determine the trend and RSI 7 to find entry points.
+ Long (BUY) Signal:
- RSI 14 will give a "BUY" signal, then RSI 7 will give entry point to LONG when the candle turns yellow.
+ Short (SELL) Signal:
- RSI 14 will give a "EXIT" signal, then RSI 7 will give entry point to SHORT when the candle turns purple.
+ About Take Profit and Stop Loss:
- With Gold, I usually set Stop Loss and Take Profit at 50 pips
- With currency pairs, I usually keep my Stop Loss and Take Profit at 30 pips
- With crypto, I usually keep Stop Loss and Take Profit at 1.5%
Recommended to use in time frame M15 and above .
This method can be used to trade Forex, Gold and Crypto.
My idea is formed on the view that when the price is moving strongly, the RSI 14 will tell us what the current trend is through a "BUY" or "EXIT" signal. When RSI 14 reaches the oversold area it will form a "BUY" signal and when it reaches the overbought area it will give an "EXIT" signal. I believe that when the price reaches the oversold or overbought area, the price momentum has also decreased and is about to reverse.
After receiving a signal from RSI 14, my job is to wait for an Entry signal from RSI 7. When RSI 7 reaches the overbought area, a yellow candle will appear and that's when we enter a LONG order. When the RSI 7 reaches the oversold area, a purple candle will appear and that's when we enter a SHORT order.
ka66: Percent Stop ChannelOften used as a dynamic stop loss management tool, this indicator:
Takes a source series as input, e.g. a moving average, or close prices.
Draws configurable channels, some percentage above and below the source series (e.g. for long vs. short stop losses)
Since long vs. short trade profiles can be different, differing percentage inputs are allowed for the bands.
While in forex or futures we tend to use ATRs (see my other script: ATR Stop Channels), in stocks, a percentage is more the norm, it's still as dynamic as the source series, being a function of it, and may at times be simpler to reason about in terms of money.
An idea might be to set your stop loss at the point of entry where the band currently is (assuming you have observed and set a reasonable percentage).
PFCC - Pivot Fractal Chaos Channel [Open Source]With the release of my indicator "TOTC - Trade outside the Channel" , the Pivot Fractal Chaos Channel used there has attracted significant interest.
Due to requests from some users, I am happy to publish the source code of the PFCC - although it is not "new" and has been implemented in many other scripts in one way or another. Some Examples:
Support and Resistance Levels with Breaks:
Support Resistance MTF:
Pivot Points High Low (HH/HL/LH/LL):
The code is briefly commented. Please feel free to use or further customize it ... And, of course, I would be happy to be named and/or linked. If you're satisfied, maybe buy me a coffee ;-)
I'm curious to see how this indicator will develop with more ideas - Please keep me updated by commenting below or by sending me a message.
Let's take a quick look at the function and idea
PFCC - "Pivot Fractal Chaos Channel" or also known as "Fractal Chaos Band" can serve as a baseline trend indicator for your strategy.
Essentially, the "Fractal Chaos Channel" shows an overall panorama of price action. As they filter out the insignificant price fluctuations. The upper level is created by drawing price highs and the lower level is created by drawing price lows.
Two Ideas, how this indicator can be used
Trend indicator: If the price breaks the upper line, it could be taken as a buy signal. If the price breaks the lower line, it could be taken as a sell signal.
Trailing Stop Loss: You can track the stop loss with the rising line in case of a buy trade. On the other hand, you can track the stop loss with the falling fractal line in case of a sell trade.
What do I need to consider?
It may be advisable to add further indicators and an analysis of the market structure in order to confirm the signals issued by the indicator. Please note that when you make adjustments to any strategy, you always carry out particularly detailed tests.
You would like to use this indicator, but you have adjustment requests, you want to have additional filters or features implemented, ...?
I am happy to create individual indicators based on "PFCC - Pivot Fractal Chaos Channel" or your ideas. Write me a message and we will discuss the details and conditions.
Position Size Calc. (Risk Management Tool)Programmed this tool to help prevent overtrading.
Example of application:
Suppose you want to trade ETHUSDT on a 1 minute chart and you are only willing to risk $10 in one single trade. This way, if you get stopped out, then you will only lose $10. Say you are using ATR based stop loss at 2x current ATR to set the initial stop. All these variables are now fixed, so you must make an adjustment to the size of your position.
Quick illustration: Tolerable loss per trade is $10 , the current ATR of ETHUSDT is $4.06, the size of your stop is $8.12 (4.06*2), then your position size should be 1.2 ETH ($10/$8.12).
This script will constantly monitor the current ATR and display the optimal position size on chart. Tolerable loss (aka "Risk amount") is defined by user in settings. Lines showing the size of SL and TPs on chart are optional, it was added to the script to help users draw the long/short position measuring tools built into TradingView.
Other notes: Always consider market liquidity, size of bid-ask spreads, and the possibilities of gap ups/downs. It can never be guaranteed that stop market/limit orders will get filled at desirable prices. Actual stop losses might differ.
PriceCatch BOSS IOHi TradingView Community.
I am publishing a script that uses a proprietary logic based on Fibonacci retracement for identifying breakouts. This is a script that focuses on long side trades only.
PriceCatch BOSS IO: - PriceCatch Breakout Screener Script (Invite Only).
This script is not an indicator that plots anything on the chart but is a Screener.
SLIPPED OPPORTUNITIES
One of the problems faced by traders is that while they are watching or studying the chart of one stock or Forex pair, a super opportunity slips by them in another stock or another instrument and it is frustrating when that happens. With the PriceCatch BOSS IO script, you can now capture such moves made by other symbols whilst you are watching some other instrument.
USP:
The uniqueness of this script is that you can screen Nine of your favorite symbols for breakout opportunities simultaneously.
Users can pick Nine symbols of their choice and specify a resolution in the Settings dialog screen that the script will use to find out any probable breakouts in those selected nine symbols continuously.
The symbols could be from any exchange across the world and of any type - stocks, futures, commodities, Forex and Crypto. Simply put, if you can plot the symbol in TradingView, PriceCatch BOSS can monitor that instrument for breakouts on the time interval chosen by you.
ACTIONABLE INFORMATION:
What traders look for and expect from their charts is actionable information. This script does that. It clearly tells you the Entry Price and Stop Loss price for each symbol when a breakout opportunity presents itself in that symbol. You can then open up the chart of that specific symbol to validate the given information with any other indicators that you use and then take the call with regards to a trade. You may also use this script alone without adding any other indicator to your chart. The choice is yours.
CLARITY BEFORE TRADE:
As both Entry Price and Stop Loss Price are identified by the script, you receive advance information about the risk and can set your own Reward based on your personal preferences. So, with the necessary information provided to you in advance, you can plan your trades with clarity.
HOW IT WORKS:
Once the list of symbols are selected and resolution chosen, the script then continuously monitors those given symbols for breakout opportunities. At the close of every interval, it presents the results as shown below:
Results Set
This script shows the results of the screening in a Table as under:
SYMBOL Entry Price Stop Price
TSLA 830.84 802.88
EURUSD 1.13425 1.13160
Similarly for seven more instruments chosen by you.
NOTE: 0.00 under Entry and Stop price columns mean that there is no opportunity in that symbol.
ADVANTAGE:
The advantage of this script is that it helps you spot trades in your favorite symbols without manually loading their charts. With the ability to screen the symbols from Intraday time frames to higher time frames such as Weekly, you will be able to spot opportunities to go long in intraday, swing and even positional trades of longer duration.
Another significant advantage of this script is that while you may be watching a symbol in, say 15 minutes time frame, you can set the script to monitor breakouts in any other higher time frame starting from 15 minutes. This, in effect, gives you unsurpassed advantage.
DISCIPLINE:
As you choose your nine instruments/assets, the script indirectly inculcates discipline as your attention will be only on the selected instruments and you will not be distracted or search for opportunities in a whole bunch of other symbols / assets / instruments. As you can at any time change the set of nine assets as per your personal preference, you get the flexibility that you seek to work with a different set of symbols. For Forex traders who like to monitor only Major Pairs the ability to scan Nine pairs is quite sufficient. Similarly, to traders who trade S&P500, ES1! and other instruments, the nine symbols flexibility is adequate.
LONG POSITION TOOL
For visual cues, you may use the Long Position tool to set the Entry, Stop and Targets as per your preference on the main chart.
TRICK:
Can I only screen nine instruments? What if I am interested to screen more? Actually, you can screen more instruments. You see, you can add this script on to your chart multiple times and can select a set of nine unique stocks per script instance. That way you can actually screen more than nine stocks!
EXAMPLES:
Nifty 50
TSLA
Maruti
USDJPY
MSFT
UI
The script allows you to fine tune display options as per your personal preferences.
NOTE: This script runs in a separate pane without obstructing the view of your main chart.
NOTE: The formatting of price is based on mintick. As a result, since Forex and Crypto have more number of digits after the Decimal, if your screener list consists of a mix of stocks, Forex and Crypto - please change to a Forex chart to get the correct Forex price and to Crypto for correct Crypto price and so on.
NOTE: You will not get accurate results if you are in a higher time frame chart and the Screener resolution is set to lower time frame. For example, if chart is in 15 MTF and Screener resolution is set to 3 MTF, the results may not be accurate.
TIP: If you have added this script multiple times to your chart, then you may have to maximize the pane to view the results table.
NOTE - PRIOR TO USING THIS SCRIPT:
Please remember that the script is shared with absolutely no assurances about usability and any warranties whatsoever and as a responsible trader, please satisfy yourselves thoroughly and use it only if you are convinced it works for you. Remember, you are 100% responsible for your actions and must, therefore, do your due diligence before using this script and also before every trade. Profits and losses are part and parcel of trading activity and you are solely responsible for both. If you understand and accept that, you may use the script.
QUERIES/FEEDBACK
Please PM me.
Hope you find this script useful. Wish everyone all the best with trading.
Fishing The Trend - Setup Classic v7.5.5FTT Classic v7.5.5
HOW Does it work ?
It is the classic version of Fishing The Trend-Setup for ease of trading & for getting the most from the market.
i.e. Combining the most useful indicators and making a whole setup under one roof...
FTT Classic comprises of following --
* IntraDay Range.
* Fishing The Trend.
* Custom VWAP.
* Baseband for Trend.
* Trendlines.
* Support & Resistance Lines.
* BreakOut Area.
* Technical Analysis table.
* Custom alerts.
1) HOW Does Intraday Range work ?
# For calculating the average most probable range for any symbol, it plots two areas - higher range and a lower range.
# This indicator is on - as default.
# Upper and Lower areas act as support and resistance, user may see a reversal in trend from these areas.
# If the price breaks these bands, breakout be considered.
# These bands are calculated by averaging the previous x number of days' high and low of the security.
3) HOW Does Fishing The Trend work ?
# When the market trend may try to reverse, the first signal/label will come showing Stop loss figure, and then if the trend reversal is confirmed, the supporting triangle in the next opening price will be placed at upper or lower side. along with these
there is a trailing stop-loss line, which will help user to trail their profits in-live.
# The CE-PE can be seen through the table with date and time.
# 2nd table also can be placed below the first one, showing the CE-PE Values for different symbol.
# Signals can be controlled by more or less as optioned in the settings.
# CE-PE strike price can be selected from ATM - ITM - OTM.
4) HOW Does Custom VWAP work ?
# VWAP will be placed having a line and current price of VWAP.
# One can have vwap in index chart also, the colour changes as the market goes above or below vwap or at vwap.
5) HOW Does Baseband for Trend work ?
# Baseband will be plotted for least 2 days on 3 min and gradually increases on increase of timeframe.
# If the market is above band, we may consider it a positive side and if market is below it, we may consider a negative side.
# Type 1 band is for trending market and type 2 is for rangebound market.
# Colour intensity also changes as market picks-up momentum or leaves momentum.
6) HOW Does Trendlines work ?
# Most nearest to most touching trendlines are placed for better understanding the trend.
# Easy to understand with the help of colour combinations.
7) HOW Does Support & Resistance Lines work ?
# The support & resistance lines will be drawn when market movement slows down or momentum decrease.
# The Support lines becomes resistance when market falls below it, and vice-versa for other conditions.
# Range development can be easily detected and can be used as range breakout for better understanding the market.
8) HOW Does BreakOut Area work ?
# Market Consolidates at most of the time, where the bulls and bears fight becomes more aggressive, at this point
of time the area will be formed or area will be formed when market trend reverses suddenly, leaving behind the previous
breakout area.
# Ease of trend reversal, previous supports / resistances can be seen easily.
9) HOW Does Technical Analysis table work ?
# There will be RSI displayed and for the better range detection, range area with price can be seen.
# The GAP of the opening market is seen with gap points (Down or Up)
10) HOW Does Custom alerts work ?
# Alerts can enabled for the CE-PE Strike Price through alerts management from Tradingview.
# Alerts can also be set when the Traffic Signal Comes.
Where to use?
# If the chart is of Index or equity, extended trading hours to be selected, time shall be exchange.
# Indicator wont work on timeframes lower than minutes or higher than or equal to day.
# can be used in every type of market.
# Extended to be selected for Index or Equities/Stocks, Regular be selected for futures, etc.
# At every part / portion the tooltip is placed showing the quick reference for that option.
# The main use of this indicator is quick scalping and Intra-day trading.
# Colour Theme can be selected if the chart theme is dark or light.
# The indicator shows a very useful option for early detection of the ongoing trend whether there will be reversal of trend or not ? Stop Loss - That should be done by following ones risk appetite, Ideally the High of the Previous Candle should be the stop loss for the Long / Short but everyone has their own Risk Management Strategies based on the capital deployed.
How to Take entry ?
# Time Frame shall be more than 2 min and less than day for better outcome.
# If buy signal comes and the market is below the baseband then wait for the market to cross and close above the baseband, also look for the immediate support or resistances which are seen in chart and those nearby the current signal.
# The data for the indicator will be very restricted, most of the parts in indicator wont work when the market closes.
# Pre-Opening or Post -Market data is tried to be ignored.
# Utmost Care is taken to implement the suggestions of users and also tried to keep the chart neat and clean.
** N.B.:- There may be cases where warning may come during setting the alert, this because
of alert conditions are taken ONLY when the current candle is CLOSED, real-time alerts are
considered as not feasible to get it.
Disclaimer
# The indicator to be used for understanding / learning the markets.
# User is responsible for his / her profits/losses, that may occur during the markets.
Fibonacci Ghost CloudHello my nocturnal minions.... This is your dark knight in the crypto light.... your alpha and omega, your crypto king reigning wisdom down from my gilded throne of code!
Enjoy the spooky Fibonacci Ghost Cloud. Shadows of previous Fibonacci look-back levels provide possible entries, stop losses, and take profit levels for intrepid crypto travelers.
DESCRIPTION
This indicator is front weighted by using the Fibonacci integer sequence..... 2,3,5,8,13. Each green and red "ghost" is a reflection of the highest highs and lowest lows of a given FIB lookback. The guide lines, red and green, are averages of the highs (green) and the lows (red).
USAGE
The "ghosts" can be used as possible support and resistance levels. They diminish in intensity (they become more transparent) as these ghosts move back further in time. When multiple greens overlap it is an indicator of a lot of recent price action at that level. The same is true of overlapping red.
In addition, the amount of ghosts above and/or below are indicative of recent price action taking place at a higher or a lower level
CURRENT PRICE IS LOWER THAN RECENT PA - There will be many green ghosts above, but few or no red ghosts below.
CURRENT PRICE IS HIGHER THAN RECENT PA- There will be many red ghosts below, but few or no green above
TAKE PROFIT - Possible take profit targets could be on the approach to a previous green level
STOP LOSS - Possible stop losses could be at lower red level
Like Bollinger bands, the green and red "average" lines can help to indicate that a security is oversold or underbought according to how close it is to a recent average. Nearing the red line can indicate that the security is oversold - and the converse is also true.
DERIVATIONS
Within the code is additional greyed-out lines which could be activated allowing you to target the open or close, instead of the High-Low - the current settings
SETTINGS:
You can change the FIB levels and substitute your own integer sequence to use as the lookback.
Feel free to offer feedback and/or suggest features you would like to have added.
XABCD Harmonic Pattern Custom Range Interactive█ OVERVIEW
This indicator was designed based on Harmonic Pattern Book written by Scott Carney. It was simplified to user who may always used tools such as XABCD Pattern and Long Position / Short Position, which consume a lot of time, recommended for both beginner and expert of Harmonic Pattern Traders. XABCD Pattern require tool usage of Magnet tool either Strong Magnet, Week Magnet or none, which cause error or human mistake especially daily practice.
Simplified Guideline by sequence for Harmonic Pattern if using manual tools :
Step 1 : Trade Identification - XABCD Pattern
Step 2 : Trade Execution - Any manual tools of your choice
Step 3 : Trade Management - Position / Short Position
█ INSPIRATION
Inspired by design, code and usage of CAGR. Basic usage of custom range / interactive, pretty much explained here . Credits to TradingView.
I use a lot of XABCD Pattern and Long Position / Short Position, require 5 to 10 minutes on average, upon determine the validity of harmonic pattern.
Upon creating this indicator, I believed that time can be reduced, gain more confidence, reduce error during drawing XABCD, which helps most of harmonic pattern users.
█ FEATURES
Table can positioned by any postion and font size can be resized.
Table can be display through optimized display or manual control.
Validility of harmonic pattern depends on BC ratio.
Harmonic pattern can be displayed fully or optimized while showing BC ratio validity.
Trade Execution at point D can be displayed on / off.
Stop Loss and Take Profit can be calculated automatically or manually.
Optimized table display based extend line setup and profit and loss setup.
Execution zone can be offset to Point C, by default using Point D.
Currency can be show or hide.
Profit and Loss can be displayed on axis once line is extended.
█ HOW TO USE
Step 1 : Trade Identification - Draw points from Point X to Point C. Dont worry about magnet, point will attached depends on High or Low of the candle.
Step 2 : Trade Execution - Check the validity of BC to determine the validity of harmonic pattern generated. Pattern only generate 1 pattern upon success. Otherwise, redraw to other points.
Step 3 : Trade Management - Determine the current candle either reach Point D or Potential Reversal Zone (PRZ). Check for Profit & Loss once reach PRZ.
█ USAGE LIMITATIONS
Harmonic Patterns only limits to patterns mentioned in Harmonic Trading Volume 3 due to other pattern may have other or different philosophy.
Only can be used for Daily timeframe and below due to bar_time is based on minutes by default.
Not recommended for Weekly and Monthly timeframe.
If Point X, A, B, C and D is next to each other, it is recommend to use lower timeframe.
Automated alert is not supported for this release. However, alert can be done manually. Alert will updated on the version.
█ PINE SCRIPT LIMITATIONS
Known bug for when calculate time in array, causing label may not appeared or offset.
Unable to convert to library due to usage of array.get(). I prefer usage for a combination of array.get(id, 0), array.get(id, 1), array.get(id, 2) into custom function, however I faced this issue during make arrays of label. Index can be simply refered as int, for id, i not sure, already try id refered as simple, nothing happens.
linefill.new() will appeared as diamond box if overused.
Text in box.new() unable to use ternary condition or switch to change color. Bgcolor also affected.
Label display is larger than XABCD tool. Hopefully in future, have function to resize label similar to XABCD tools.
█ IMPORTANTS
Trade Management (Profit & Loss) is calculated from Point A to D.
Take Profit is calculated based on ratio 0.382 and 0.618 of Point A to D.
Always check BC validity before proceed to Trade Management.
Length of XABCD is equal to XAB plus BCD, where XAB and BCD are one to one ratio. Length is measured in time.
Use other oscillator to countercheck. Normally use built-in Relative Strength Index (RSI) and Divergence Indicator to determine starting point of Point X and A.
█ HARMONIC PATTERNS SUPPORTED
// Credits to Scott M Carney, author of Harmonic Trading Volume 3: Reaction vs. Reversal
Alt Bat - Page 101
Bat - Page 98
Crab - Page 104
Gartley - Page 92
Butterfly - Page 113
Deep Crab - Page 107
Shark - Page 119 - 220
█ FAQ
Pattern such as 5-0, perfect XABCD and ABCD that not included, will updated on either next version or new release.
Point D time is for approximation only, not including holidays and extended session.
Basic explaination for Harmonic Trading System (Trade Identification, Trade Execution and Trade Management).
Harmonic Patterns values is pretty much summarized here including Stop Loss.
Basic explanation for Alt Bat, Bat, Crab, Gartley, Deep Crab and Butterfly.
█ USAGE / TIPS EXAMPLES (Description explained in each image)
[ADOL_]Optimus_Prime----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ENG) Optimus_Prime. This indicator is an indicator that provides a standard for medium and medium strokes. It was made to match the approach of the middle blow by excluding the section where noise occurs as much as possible.
We have established trading standards and structured indicators so that stop-losses can be short-lived and trends can be long-term. It finds the optimal divergence point when applying Best Candle. You can see it in the chart.
principle)
Strategies of Ichimoku Equilibrium, Bollinger Bands and TD are used. At the top, the numbers 1 to 9 of the L, S and TD strategies according to the criteria of the Bollinger band are displayed.
A candle on the chart shows the signal color for the mid-hit.
A volatility warning section is included, and it can be used on the chart screen or can be used by dropping it at the bottom of the chart.
When used at the bottom of the chart, right-click the indicator - move to - press the new close button below to move to the bottom.
When using it by moving to the bottom, check Settings - Appearance - Candle Line to use it.
The traffic light indicator (plotshape) above can be used to determine the current medium term trend by color.
principle example)
altcoin)
timeframes and alerts)
Applicable to all timeframes, an alert function has been added.
Recommended time zone: 15m & 1H . Currently, if you use a swing strategy based on 1H, you can get the optimum value of the frequency of RBI appearance and profit/loss ratio.
You can set an alert for Band Long Short, Middle-Swing bar Long Short, TD1, TD9, and volatility warning section.
trading method)
Basic 1) Middle Swing Bar (red candle, green candle) Enter long and short at the place where the signal is generated. There is a basic way to simply follow the long and short signals.
Basic 2) Band Long, Band Short Enters long and short at the place where the signal is generated.
indicator supplementary explanation)
By combining the timing of the signal and the criteria of the best candle, it is judged whether the whipsaw is genuine. At the same time, you can set the standard for loss cut.
The standard of the switching strategy among trading strategies is used when breaking through the bar where the signal appeared.
application switching strategy)
Find the hidden win rate and profit/loss ratio that are not shown in backtesting)
Goni trading (a method of erasing the risk by losing half after the point of passing the 1:1 profit/loss ratio after calculating the distance from the profit section to the stop loss price) and
You can use a best candle (see the best candle idea) to increase your chances of seeing the middle swing signal.
reference)
It is not an indicator that guarantees absolute returns. You are solely responsible for any trading decisions you make.
How to use)
It is set to be available only to invited users. When invited, tap Add Indicator to Favorites at the bottom of the indicator.
Go to the chart screen, press the indicator at the top, and on the left tab, there is a Favorites tab. Add an indicator by clicking the indicator name in the Favorites tab (or Invite Only).
Even if permission is granted, if a study error occurs when adding an indicator, turn off all charts and restart.
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
KOR) Optimus_Prime. 해당 지표는 중단타에 관한 기준을 제시하는 지표입니다. 노이즈가 발생하는 구간을 가능한 배제하고 중단타의 접근에 부합하도록 만들었습니다.
손절은 짧게, 추세는 길게 가져갈 수 있도록 매매기준을 세우고 지표를 구성하였습니다. 베스트캔들을 적용할 때 최적의 분기점을 찾아줍니다. 차트에서 확인할 수 있습니다.
원리)
일목균형, 볼린저밴드, TD의 전략이 사용됩니다. 상단에는 볼린저 밴드의 기준에 따른 L,S와 TD 전략의 숫자 1~9 가 표시되며,
차트의 캔들에 중단타에 관한 시그널 색상이 표시됩니다.
변동성경고구간이 포함되어 있으며, 차트 화면에 사용할 수도 있고, 차트 하단에 내려서 사용할 수도 있습니다.
차트하단에 사용시 지표 우클릭 - move to - 아래쪽 새폐인을 누르면 하단으로 이동합니다.
하단으로 이동하여 사용시, 설정 - 모습 - 캔들 Line을 체크하여 사용합니다.
상단의 신호등 지표(plotshape)를 활용하여 색상을 통해 현재 중기 추세를 판단할 수 있습니다.
원리 예시)
알트코인)
타임프레임 및 얼러트)
모든 시간프레임에 적용 가능하며, 얼러트 기능이 추가되었습니다.
추천시간대 : 15m & 1H . 현재는 1H를 기준으로 스윙전략을 사용하면 타점의 출현빈도와 손익비의 최적값을 가져갈 수 있습니다.
Band Long Short, Middle-Swing bar Long Short, TD1, TD9, 변동성 경고구간에 얼러트를 설정할 수 있습니다.
매매방법)
기본1) Middle Swing Bar(red candle, green candle) 시그널이 발생한 자리에서 롱과 숏을 진입합니다. 단순히 롱, 숏 시그널을 따르는 기본 방법이 있습니다.
기본2) band Long, Band Short 시그널이 발생한 자리에서 롱과 숏을 진입합니다.
지표 보충 설명)
시그널이 발생하는 시점과 베스트캔들의 기준을 결합하여 휩쏘와 진짜를 판단합니다. 동시에 로스컷의 기준을 설정할 수 있습니다.
매매전략 중 스위칭 전략의 기준은 시그널이 출현한 봉을 돌파할때 사용합니다.
응용 스위칭 전략)
백테스팅에 나오지 않는 숨겨진 승률과 손익비 찾기)
고니매매(수익구간에서 손절가까지와 거리를 계산후 1 : 1 손익비를 지나는 시점 이후 절반을 익절하여 리스크를 지우는 방법) 와
베스트캔들(best candle 아이디어 참고)을 활용하여 Middle Swing 시그널 발생자리를 볼때 확률을 더 높일 수 있습니다.
참고)
절대수익을 보장하는 지표가 아닙니다. 귀하가 내리는 모든 거래 결정은 전적으로 귀하의 책임입니다.
사용방법)
초대된 사용자만 사용할 수 있도록 설정이 되어있습니다. 초대를 받을 경우, 지표 하단의 즐겨찾기에 인디케이터 넣기를 누릅니다.
차트화면으로가서 상단에 지표를 눌러 왼쪽탭에 보면 즐겨찾기 탭이 있습니다. 즐겨찾기 탭(또는, 인바이트 온리)에서 지표이름을 눌러서 지표를 추가합니다.
권한이 부여됐음에도 지표추가시 study error가 발생할 경우 차트를 모두 끄고 재시작합니다.
[ADOL_]Zet_Power----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ENG) Zet Power. This indicator is an indicator that provides a standard for swing. I made it to match the approach of the swing by excluding the section where noise occurs as much as possible.
We have established trading standards and structured indicators so that stop-losses can be short-lived and trends can be long-term. You can see it in the chart.
principle)
Use special trigonometric ratios for sin, cos, and tan. A section with a high probability of occurrence of variability is defined through the degree of separation from the center.
It defines convergence and divergence, meaning that convergence means that volatility may soon increase. At these points, the trigonometric ratio determines the direction of the trend.
It includes a volatility warning section and is an indicator to which Ichimoku equilibrium has been added.
In the background, the current swing trend section is indicated, and the time of occurrence can be known in the form of plotshape.
principle example)
Example 1) Divergence after convergence
Example 2) 1H swing strategy
Example 3) Altcoin
timeframes and alerts)
Applicable to all timeframes, an alert function has been added.
Recommended time period: 1H . Currently, if you use a swing strategy based on 1H, you can get the optimum value of the frequency of RBI appearance and profit/loss ratio.
Alerts can be set in the Zet Power Long, Short, and Volatility Warning Zones.
trading method)
Basic) Long and short are entered at the spot where the Zet Power signal is generated. There is a basic way to simply follow the long and short signals.
Application 1) Use the table on the right to overlap the evidence of additional indicators. Combine with BestCandle to increase your odds and strategize.
Application 2) By using separation, ham, and best candle, the best candle strategy is used in the section where the separation is changed from negative to positive.
Find the hidden win rate and profit/loss ratio that are not shown in backtesting)
Goni trading (a method of erasing the risk by losing half after the point of passing the 1:1 profit/loss ratio after calculating the distance from the profit section to the stop loss price) and
You can use a best candle (see the best candle idea) to increase your chances of seeing a swing signal.
indicator supplementary explanation)
By combining the timing of the signal and the criteria of the best candle, it is judged whether the whipsaw is genuine. At the same time, you can set the standard for loss cut.
The green background color is the swing long section, and the red background color is the swing short section.
Additional data values useful for reading charts are displayed as tables.
reference)
It is not an indicator that guarantees absolute returns. You are solely responsible for any trading decisions you make.
How to use)
It is set to be available only to invited users. When invited, tap Add Indicator to Favorites at the bottom of the indicator.
Go to the chart screen, press the indicator at the top, and on the left tab, there is a Favorites tab. Add an indicator by clicking the indicator name in the Favorites tab (or Invite Only).
Even if permission is granted, if a study error occurs when adding an indicator, turn off all charts and restart.
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
KOR) Zet Power. 해당 지표는 스윙에 관한 기준을 제시하는 지표입니다. 노이즈가 발생하는 구간을 가능한 배제하고 스윙의 접근에 부합하도록 만들었습니다.
손절은 짧게, 추세는 길게 가져갈 수 있도록 매매기준을 세우고 지표를 구성하였습니다. 차트에서 확인할 수 있습니다.
원리)
sin, cos, tan의 특수한 삼각비를 사용합니다. 변동성이 발생할 가능성이 높은 구간은 중심으로부터 이격도를 통해
수렴과 발산을 정의하며, 수렴은 변동성이 곧 커질 수 있음을 의미합니다. 이러한 지점에서 삼각비를 통해 추세의 방향성을 결정합니다.
변동성경고구간이 포함되어 있으며, 일목균형이 추가된 지표입니다.
배경으로 현재의 스윙 추세구간을 알려주며, plotshape의 형태로도 발생 시점을 알 수 있습니다.
원리 예시)
예시1) 수렴 후 발산
예시2) 1H 스윙 전략
예시3) 알트코인
타임프레임 및 얼러트)
모든 시간프레임에 적용 가능하며, 얼러트 기능이 추가되었습니다.
추천시간대 : 1H . 현재는 1H를 기준으로 스윙전략을 사용하면 타점의 출현빈도와 손익비의 최적값을 가져갈 수 있습니다.
Zet Power Long, short, 변동성 경고구간에 얼러트를 설정할 수 있습니다.
매매방법)
기본) Zet Power 시그널이 발생한 자리에서 롱과 숏을 진입합니다. 단순히 롱, 숏 시그널을 따르는 기본 방법이 있습니다.
응용1) 우측의 table을 활용하여 추가적인 지표들의 근거를 중첩하여 활용합니다. BestCandle 과 결합하여 확률을 높이고 전략을 구상할 수 있습니다.
응용2) separation(이격도)과 ham, best candle 을 활용하여 이격도가 음수에서 양수로 전환되는 구간에서 best candle 전략을 활용합니다.
백테스팅에 나오지 않는 숨겨진 승률과 손익비 찾기)
고니매매(수익구간에서 손절가까지와 거리를 계산후 1 : 1 손익비를 지나는 시점 이후 절반을 익절하여 리스크를 지우는 방법) 와
베스트캔들(best candle 아이디어 참고)을 활용하여 swing 시그널 발생자리를 볼때 확률을 더 높일 수 있습니다.
지표 보충 설명)
시그널이 발생하는 시점과 베스트캔들의 기준을 결합하여 휩쏘와 진짜를 판단합니다. 동시에 로스컷의 기준을 설정할 수 있습니다.
초록색 배경색은 스윙 롱의 구간이며, 빨간색 배경색은 스윙 숏의 구간입니다.
차트를 읽는데 유용한 추가 데이터 값이 table로 표시됩니다.
참고)
절대수익을 보장하는 지표가 아닙니다. 귀하가 내리는 모든 거래 결정은 전적으로 귀하의 책임입니다.
사용방법)
초대된 사용자만 사용할 수 있도록 설정이 되어있습니다. 초대를 받을 경우, 지표 하단의 즐겨찾기에 인디케이터 넣기를 누릅니다.
차트화면으로가서 상단에 지표를 눌러 왼쪽탭에 보면 즐겨찾기 탭이 있습니다. 즐겨찾기 탭(또는, 인바이트 온리)에서 지표이름을 눌러서 지표를 추가합니다.
권한이 부여됐음에도 지표추가시 study error가 발생할 경우 차트를 모두 끄고 재시작합니다.
PriceCatch Breakout Signals IOHi TradingView Community.
Here is a script that identifies and marks two different breakout levels on the chart. It works on all instruments - equities, forex, crypto & commodities.
Probable Breakout Buy Level
Stop-Reverse Buy Level
The above chart is self-explanatory. The script uses two different formulas to look out for breakouts. This logic opens up more opportunities.
As the levels are marked in advance before the breakouts occur, it will give traders ample time to study further and plan the trade.
PLAYING SAFE
After taking the trade, to play safe, I follow this method that once the Low of the price goes above the Breakout Level, I usually shift the stop loss to buy price to protect against any sudden reversal. For me protecting capital is important. As usual with price action, longer time-frames produce more reliable signals.
STOP LOSS
While the initial stop level is suggested, traders may also use the ATR to set stop loss. Users may find my free script 'ATR value on Chart' useful.
NOTE - PRIOR TO USING THIS SCRIPT:
You may use this script in addition to your other indicators or independently. Please remember that the script is shared with absolutely no assurances and warranties whatsoever regarding usability and as a responsible trader, please satisfy yourselves thoroughly and use it only if you are convinced it works for you. Remember, you are 100% responsible for your actions. If you understand and accept that, you may use the script. The script does not identify any short signals.
QUERIES/FEEDBACK
Please PM me.
Regards to all and wish everyone all the best with trading.
TFi Price Action Resampling Filter V1 - FULLThe script is resampling the price based on its range/price-action and creates an alternative filter to smoothen price movements.
Overview of features:
Optional stop-loss
Optional flags to control the position entry
Optional flags to control the position exit
Built-in backtesting engine with start balance, position size and pyramiding; each year will be evaluated separately
Inputs for a percentage entry and exit slippage, entry/exit and daily funding fees
Configurable alerts, which follow the exact position of the entry/exit marker
Alert messages contain predefined trading instruction to execute orders via Alertatron or TradeFab's proprietary trading server, or can be defined by the user
The script renders a performance/status table, which shows the current position status and result of the built-in trading simulation results.
It shows the following statistic values:
Current position PnL - also background turns green if position is in profit and red if in loss
Average entry price and number of positions
Current percentage distance to the optional stop-loss level
Current Maximum Draw Down
Number of wins and losses and the win/loss ratio per year and overall
Profit and loss amount, paid fees per year and overall
Profit-ratio and Maximum Draw Down per year and overall
Balance and ROI per year and overall
SB Master Chart w/Smart TradeThis is a follow up script to the original SB Master Chart.
SB Master Chart was created to be a simple chart that can be easily interpreted.
The prior version of SB Master Chart added additional multi time frame alerts, alerting to oversold/overbought and high volume on 5 time periods (30m,1h, 2h, 4h, and 1d).
V4 of SB Master Chart is NOT going away. It is not being REPLACED!... This is a separate script based on the same algorithm, but is significantly different enough to warrant its own script. Please review SB Master Chart v4 for more details about the algo.
This version of SB Master Chart w/Smart Trade has additional money management parameters to help you dollar cost average in and out of a trade.
It follows the following rules
Oversold with no positions - Buy and establish a cost basis.
Oversold with positions - Only buy if below cost basis and dca percentage set in options.
Sell - Only sell if above minimum take profit and crossbelow trailing stop loss.
The script assumes you are buying and selling in lots of 1 so cost basis and positions are based on that calculation. There is a position/profit/loss table at the top of the chart.
If you don't like making trading decisions based on SB Master Chart v4, this is the chart for you, it will tell you exactly when to buy and when to sell based on the options you set. When you created the alert.
Options available
Take Profit % - This lets you specify the minimum take profit you want to sell for.
Trailing Stop % - This is not your typical trailing stop. This trailing stop is a percentage of the maximum gain. If your stock went up 100% and you set it to 75%, it will stop loss you out at 75% gain based on your cost basis/open trades
DCA % - This will only open a trade if you are below your cost basis by DCA% and there is a buy signal.
Start Year/End Year - This will allow the graph to start displaying information from the date forward. This is useful for determining Max Positions so you can calculate how much exposure each positions should have.
Disable Trade History - This will disable the labels.
TFi Price Action Resampling Filter V1The script is resampling the price based on its range/price-action and creates an alternative filter to smoothen price movements.
Overview of features:
Optional stop-loss
Optional flags to control the position entry
Optional flags to control the position exit
Built-in backtesting engine with start balance, position size and pyramiding
Inputs for a percentage entry and exit slippage, entry/exit and daily funding fees
Configurable alerts, which follow the exact position of the entry/exit marker
Alert messages contain predefined trading instruction to execute orders via Alertatron or TradeFab's proprietary trading server
The script renders a status box at the last bar, which shows the current position status and result of the built-in trading simulation results.
It shows the following statistic values:
Current position PnL - also background turns green if position is in profit and red if in loss
Average entry price and number of positions
Current percentage distance to the optional stop-loss level
Current Maximum Draw Down
Overall number of wins and losses and the win/loss ratio
Overall profit and loss amount, paid fees
Overall profit-ratio and Maximum Draw Down
Overall balance and ROI
