XAUUSD 10-Minute StrategyThis XAUUSD 10-Minute Strategy is designed for trading Gold vs. USD on a 10-minute timeframe. By combining multiple technical indicators (MACD, RSI, Bollinger Bands, and ATR), the strategy effectively captures both trend-following and reversal opportunities, with adaptive risk management for varying market volatility. This approach balances high-probability entries with robust volatility management, making it suitable for traders seeking to optimise entries during significant price movements and reversals.
Key Components and Logic:
MACD (12, 26, 9):
Generates buy signals on MACD Line crossovers above the Signal Line and sell signals on crossovers below the Signal Line, helping to capture momentum shifts.
RSI (14):
Utilizes oversold (below 35) and overbought (above 65) levels as a secondary filter to validate entries and avoid overextended price zones.
Bollinger Bands (20, 2):
Uses upper and lower Bollinger Bands to identify potential overbought and oversold conditions, aiming to enter long trades near the lower band and short trades near the upper band.
ATR-Based Stop Loss and Take Profit:
Stop Loss and Take Profit levels are dynamically set as multiples of ATR (3x for stop loss, 5x for take profit), ensuring flexibility with market volatility to optimise exit points.
Entry & Exit Conditions:
Buy Entry: T riggered when any of the following conditions are met:
MACD Line crosses above the Signal Line
RSI is oversold
Price drops below the lower Bollinger Band
Sell Entry: Triggered when any of the following conditions are met:
MACD Line crosses below the Signal Line
RSI is overbought
Price moves above the upper Bollinger Band
Exit Strategy: Trades are closed based on opposing entry signals, with adaptive spread adjustments for realistic exit points.
Backtesting Configuration & Results:
Backtesting Period: July 21, 2024, to October 30, 2024
Symbol Info: XAUUSD, 10-minute timeframe, OANDA data source
Backtesting Capital: Initial capital of $700, with each trade set to 10 contracts (equivalent to approximately 0.1 lots based on the broker’s contract size for gold).
Users should confirm their broker's contract size for gold, as this may differ. This script uses 10 contracts for backtesting purposes, aligned with 0.1 lots on brokers offering a 100-contract specification.
Key Backtesting Performance Metrics:
Net Profit: $4,733.90 USD (676.27% increase)
Total Closed Trades: 526
Win Rate: 53.99%
Profit Factor: 1.44 (1.96 for Long trades, 1.14 for Short trades)
Max Drawdown: $819.75 USD (56.33% of equity)
Sharpe Ratio: 1.726
Average Trade: $9.00 USD (0.04% of equity per trade)
This backtest reflects realistic conditions, with a spread adjustment of 38 points and no slippage or commission applied. The settings aim to simulate typical retail trading conditions. However, please adjust the initial capital, contract size, and other settings based on your account specifics for best results.
Usage:
This strategy is tuned specifically for XAUUSD on a 10-minute timeframe, ideal for both trend-following and reversal trades. The ATR-based stop loss and take profit levels adapt dynamically to market volatility, optimising entries and exits in varied conditions. To backtest this script accurately, ensure your broker’s contract specifications for gold align with the parameters used in this strategy.
Indicators and strategies
Fibonacci + RSI - Strategy with TP and SL### Strategy Overview: "Fibonacci + RSI with Fixed Points Stop Loss and Take Profit"
This script is a powerful intraday trading strategy designed to identify optimal entry and exit points on shorter timeframes (1-30 minutes) by combining Fibonacci levels with the Relative Strength Index (RSI) indicator. It’s specifically tailored for traders who want precision in their trading strategy by defining both stop loss and take profit levels as fixed points from the entry price.
#### Key Components:
1. **Fibonacci Levels**:
- Fibonacci retracement and extension levels are calculated based on the VWMA (Volume Weighted Moving Average) and the standard deviation of the average price (HLC3) over a customizable lookback period.
- Upper and lower Fibonacci levels provide potential short and long target zones, giving traders directional guidance based on volatility and historical price movement.
2. **RSI Indicator**:
- RSI helps determine overbought and oversold conditions, set by user-defined levels (default: 70 for overbought, 30 for oversold).
- This script uses RSI crossovers with these levels to signal potential entry points for long and short positions, particularly when price movement aligns with predefined Fibonacci levels.
3. **Fixed Points Stop Loss and Take Profit**:
- The script introduces a fixed stop loss and take profit mechanism, allowing traders to set a defined risk and reward per trade based on the number of points from the entry price.
- This method is beneficial for managing risk by ensuring losses are capped and profits are locked in at target levels.
#### Entry and Exit Conditions:
- **Long Entry**: Triggered when the price falls below the lower Fibonacci bound (signaling potential oversold conditions) and RSI crosses above the oversold threshold.
- **Short Entry**: Triggered when the price moves above the upper Fibonacci bound (signaling potential overbought conditions) and RSI crosses below the overbought threshold.
- **Exit Conditions**: The strategy exits positions using:
- A take profit level in points from the entry price.
- A stop loss level in points from the entry price.
#### Visual Indicators:
- The strategy plots Fibonacci levels on the chart, showing potential zones for trend reversal.
- Additional lines mark the take profit and stop loss points for each trade, providing a clear visual reference for open trades.
#### Customizable Inputs:
- **RSI**: Length, overbought, and oversold levels.
- **Fibonacci**: Source, lookback period, multiplier, and level.
- **Stop Loss and Take Profit**: Fixed points from the entry price.
### Summary
This strategy is designed for traders who prefer intraday timeframes, offering a precise, visually intuitive trading system that combines technical indicators and custom risk management parameters. By aligning Fibonacci levels with RSI signals, this script aims to catch reversals within strong intraday trends, enhancing entry timing and allowing for clear exit points based on user-defined risk and reward ratios.
Daily Volatility Limit Channel
Hello, this is the simplest yet most powerful tool I have discovered regarding volatility. Using the ATR17 value based on a 4-hour timeframe, this tool displays the most significant volatility thresholds for the day, clearly showing when strong trends occur as these boundaries are breached. Once a boundary is crossed, the price of Bitcoin (as well as other actively traded asset classes like stocks and futures) tends to continue moving in the direction of the breakout. If the price reaches a boundary but fails to break through, this point often becomes the lowest point of pullback or correction, effectively serving as a pivot point and the optimal entry for buying.
The indicator features color and arrow options, enhancing your trading experience. The arrows appear below the candles when the trend changes to an upward impulse and above the candles when it shifts to a downward impulse. This visual aid allows traders to quickly identify trend reversals and make informed decisions.
In summary, this tool effectively highlights volatility limits and trend reversals, making it a valuable asset for any trader looking to navigate the market efficiently.
This indicator is recommended for use on 2-hour or 4-hour candlestick charts. These timeframes allow for clearer visualization of volatility and help effectively identify strong trends and volatility boundaries.
안녕하세요. 이것은 변동성에 관해 제가 발견한 것 중 가장 심플하고도 강력한 툴입니다. 4시간 기준의 ATR17값을 사용한 이 툴은 당일의 가장 강력한 변동성 한계점을 보여주며, 이 변동성 경계가 돌파될 때 강한 추세가 일어나는 것을 명확히 보여줍니다. 한 번 경계가 돌파되면 비트코인 가격(그리고 주식, 선물 등 다른 대부분의 모든 가격을 가지고 활발하게 거래되는 자산군)은 해당 돌파 쪽의 트렌드로 계속 움직이는 경향이 있습니다. 만약 가격이 경계에 도달한 채로 이 경계를 돌파하지 못할 때는 이 자리가 눌림과 조정의 최저점, 즉 피봇 포인트가 되어 매수의 최적 지점이 되는 것을 보실 수 있습니다.
지표에는 컬러 옵션과 화살표 옵션이 있어 거래 경험을 향상시킵니다. 트렌드가 상승 임펄스로 변경될 때 화살표가 캔들 아래에 나타나고, 하락 임펄스로 변경될 때는 캔들 위에 나타납니다. 이 시각적 도구는 트렌드 반전을 빠르게 식별할 수 있도록 도와주어, 거래자들이 정보에 기반한 결정을 내리는 데 유용합니다.
요약하자면, 이 툴은 변동성 한계와 트렌드 반전을 효과적으로 강조하여, 시장을 효율적으로 탐색하려는 모든 거래자에게 가치 있는 자산이 될 것입니다.
이 지표는 2시간 또는 4시간 캔들 차트에서 사용하는 것이 권장됩니다. 이러한 시간대는 지표의 변동성을 보다 명확하게 시각화하며, 강한 추세와 변동성 한계점을 효과적으로 식별하는 데 도움을 줍니다.
Teo Volatility Signal System Xtreambu komut dosyamızda bir kaç ekleme ile grafik üzerine işlem de ekleyerek çeşitlendirdik umarım yararlı olmuştur
O Piá Das Criptos - Gráfico BASED//FORÇA DO RSI: O script calcula o RSI para o ativo em análise e para o Bitcoin (BTC). A força do RSI é a diferença entre o RSI do ativo atual e o RSI do Bitcoin. Um valor positivo indica que o ativo está mais forte em relação ao BTC, enquanto um valor negativo indica fraqueza.
//DELTA BTC: O script calcula a variação percentual do preço do ativo e do BTC para diferentes intervalos de tempo (1 minuto, 5 minutos, 15 minutos, etc.). O Delta BTC é então a diferença entre essas variações. Um valor positivo indica que o ativo teve um desempenho melhor que o BTC, enquanto um valor negativo indica o contrário.
//EXP BTC: O script calcula a EMA do ativo e a EMA do BTC e depois determina a diferença percentual entre o preço atual e essas EMAs. A comparação mostra como o ativo está performando em relação ao BTC baseado nas EMAs. Valores positivos sugerem que o ativo está performando melhor em relação ao BTC em termos de média móvel, enquanto valores negativos sugerem o oposto.
//EMAS: O código calcula EMAs de diferentes períodos (9, 21, 50, 100, 150, 200, 210, 250, 300) e as plota no gráfico. A interseção entre EMAs de diferentes períodos é usada para identificar possíveis sinais de compra e venda.
//SINAIS DE COMPRA: Quando a EMA de 9 períodos cruza acima da EMA de 21 períodos (crossover), é gerado um emoticon de coração. A parte interna das EMA fica verde.
//SINAIS DE VENDA: Quando a EMA de 9 períodos cruza abaixo da EMA de 21 períodos (crossunder), é gerado um emoticoin de raiva. A parte interna das EMA fica vermelha.
//FUNDO GRÁFICO: A cor do fundo do gráfico pode ser alterada com base na força do RSI, facilitando a visualização rápida do estado do ativo (força ou fraqueza).
//ALERTAS: notificam o trader sobre aumento ou diminuição da força do ativo em relação ao BTC, e Cruzamentos das EMAs (crossover e crossunder), ajudando o trader a não perder oportunidades.
//ALVOS DO TOURO: Calculados quando a EMA de 9 cruza acima da EMA de 21. Os alvos são definidos com base na diferença entre o preço de abertura do candle (na hora do crossover) e uma média do preço máximo recente.
//ALVOS DO URSO: Calculados quando a EMA de 9 cruza abaixo da EMA de 21. Os alvos são definidos com base na diferença entre o preço de abertura do candle (na hora do crossunder) e uma média do preço mínimo recente.
Zafer V5deneme amaçlı yayındır.
Bu indikatör fiyat alanları , konsolide alanlar ve emir bloklarını-yoğunluklarını gösteren bir indikatördür.
Tek bir çizgi halinde trend yönünü gösteren trend hat çizgisini bunlara ek olarak takip edebilirsiniz.
Hacimli piyasalarda en güvenli işlem yöntemi "price action" diye tabir edilen fiyat odaklı trade yöntemidir.
Bu indikatörün yapılış/derleniş amacı da bu trade yapısına yardımcı olmaktır.
Fiyat alanları ve emir blokları 2-3 bar gecikmeli gözükmektedir. Bu alanların belirlenebilmesi için bu gecikme normaldir.
Hiç bir indikatörün kesinliği
olmadığı gibi bu indikatöründe kesinliği yoktur.
İndikatör bu alanda iyi çalışan indikatörlerin ve kendi yazdığım indikatörlerin derlemesidir.
RSI cyclic smoothed with RSI-SMAich hab das Script von Lars Thiemen verwendet und dem Indikator noch ein SMA hinzugefügt sowie eine RSI Middle Line.
DAnk an LArs für das super Script.
ATR TrailStop w/Fib Targets MTFPorted this indicator from Tradovate.
ATR and Fib values are adjustable.
Cris0x7 - two consecutive engulfingCris0x7 - two consecutive engulfing
Explanation of Changes:
bullish_engulfing_signal and bearish_engulfing_signal now check for two consecutive engulfing pairs, meaning they look back over four candles.
The script identifies a "Buy" label (for bullish) and a "Sell" label (for bearish) when both conditions for two engulfing pairs are met.
This should work to detect and label four-candle patterns on the chart. Let me know if you need additional adjustments!
Teo Volatility Signal System Xtream 1mevcut sistem üzerinde mfı da ekleyerek sistemin güncellenmiş hali
Velocity and AccelerationThe area of acceleration has been added.
In addition to velocity and acceleration, the area of acceleration provides another means to gauge divergence. In many cases, extreme volatilities may produce high readings of velocity and acceleration, thus making finding divergence difficult. The area of acceleration takes accumlated reading and is less susceptible to short term extremes.
Teo Volatility Signal Systemdump ve pump sinyallerini girdi ayarlarını değiştirebileceğiniz şekilde güncelledim gayet kullanışlı oldu diye düşünüyorum
lluoV_Stochastic RSI with Long/Short Signals 1MStochastic RSI with Long/Short Signals 1M позволяет определить зоны перекупленности или перепродонности на графике определея приемлемые точки входа
Hodrick-Prescott Filter (YavuzAkbay)The Hodrick-Prescott (HP) Filter Trend indicator offers a condensed version of the traditional HP filter, which is frequently employed in time series analysis related to the economy and finance. To assist traders and analysts in determining the underlying long-term trend of an asset, this indicator smoothes the price series in order to extract a trend component.
How It Operates: A time series is divided into its trend and cycle using the HP filter. By eliminating short-term noise and emphasising the market's direction with a smoother line, this approach concentrates solely on the trend component. The trend's degree of adherence to price data can be adjusted by varying the smoothness parameter (lambda); a smoother line is produced by higher values.
Examples of Use:
Trend Identification: By separating the long-term trend and making it simpler to disregard short-term noise, the HP Filter Trend helps identify the dominant market direction.
Trading Signal Confirmation: To keep traders in line with the general trend, the HP trend line can be used to validate other trend-following signals.
Important Notes:
The choice of lambda is essential. Recommended lambda levels are 100, 1600 and 14,400.
This indicator will be much more useful if it is used together with another indicator of mine, HP Filter Cycle Component.
Trading is risky, and most traders lose money. The indicators Yavuz Akbay offers are for informational and educational purposes only. All content should be considered hypothetical, selected after the facts to demonstrate my product, and not constructed as financial advice. Decisions to buy, sell, hold, or trade in securities, commodities, and other investments involve risk and are best made based on the advice of qualified financial professionals. Past performance does not guarantee future results.
This indicator is experimental and will always remain experimental. The indicator will be updated by Yavuz Akbay according to market conditions.
Engulfing Pattern with Multiple EMAs and AlertsCreated in copilot for pine script for bullish and bearish engulfing where the signal appears if the engulfing candle closed above or below the 14ema and it must close with the ema passing through either the wick or the candle body, also another stipulation the engulfing candle must be at least a min of 2x the size of the previous candle. The AI created this already adding the 14 ema so I added the 50 and 200 Emas as extras
The Pattern-Synced Moving Average System (PSMA)Description:
The Pattern-Synced Moving Average System (PSMA) is a comprehensive trading indicator that combines the reliability of moving averages with automated candlestick pattern detection, real-time alerts, and dynamic risk management to enhance both trend-following and reversal strategies. The PSMA system integrates key elements of trend analysis and pattern recognition to provide users with configurable entry, stop-loss, and take-profit levels. It is designed for all levels of traders who seek to trade in alignment with market context, using signals from trend direction and established candlestick patterns.
Key Functional Components:
Multi-Type Moving Average:
Provides flexibility with multiple moving average options: SMA, EMA, WMA, and SMMA.
The selected moving average helps users determine market trend direction, with price positions relative to the MA acting as a trend confirmation.
Automatic Candlestick Pattern Detection:
Identifies pivotal patterns, including bullish/bearish engulfing and reversal signals.
Helps traders spot potential market turning points and adjust their strategies accordingly.
Configurable Entry, Stop-Loss, and Take-Profit:
Risk management is customizable through risk/reward ratios and risk tolerance settings.
Entry, stop-loss, and take-profit levels are automatically plotted when patterns appear, facilitating rapid trade decision-making with predefined exit points.
Higher Timeframe Trend Confirmation:
Optional feature to verify trend alignment on a higher timeframe (e.g., checking a daily trend on an intraday chart).
This added filter improves signal reliability by focusing on patterns aligned with the broader market trend.
Real-Time Alerts:
Alerts can be set for key pattern detections, allowing traders to respond promptly without constant chart monitoring.
How to Use PSMA:
Set Moving Average Preferences:
Choose the preferred moving average type and length based on your trading strategy. The MA acts as a foundational trend indicator, with price positions indicating potential uptrends (price above MA) or downtrends (price below MA).
Adjust Risk Management Settings:
Set a Risk/Reward Ratio for defining take-profit levels relative to the entry and stop-loss levels.
Modify the Risk Tolerance Percentage to adjust stop-loss placement, adding flexibility in managing trades based on market volatility.
Activate Higher Timeframe Confirmation (Optional):
Enable higher timeframe trend confirmation to filter out counter-trend trades, ensuring that detected patterns are in sync with the larger market trend.
Review Alerts and Trade Levels:
With PSMA’s real-time alerts, traders receive notifications for detected patterns without having to continuously monitor charts.
Visualized entry, stop-loss, and take-profit lines simplify trade execution by highlighting levels directly on the chart.
Execute Based on Entry and Exit Levels:
The entry line suggests the potential entry price once a bullish or bearish pattern is detected.
The stop-loss line is based on your set risk tolerance, establishing a predefined risk level.
The take-profit line is calculated according to your preferred risk/reward ratio, providing a clear profit target.
Example Strategy:
Ensure price is above or below the selected moving average to confirm trend direction.
Await a PSMA signal for a bullish or bearish pattern.
Review the plotted entry, stop-loss, and take-profit lines, and enter the trade if the setup aligns with your risk/reward criteria.
Activate alerts for continuous monitoring, allowing PSMA to notify you of emerging trade opportunities.
Release Notes:
Line Color and Style Customization: Customizable colors and line styles for entry, stop-loss, and take-profit levels.
Dynamic Trade Tracking: Tracks trade statistics, including total trades, win rate, and average P/L, displayed in the data window for comprehensive trade performance analysis.
Summary: The PSMA indicator is a powerful, user-friendly tool that combines trend detection, pattern recognition, and risk management into a cohesive system for improved trade decision-making. Suitable for stocks, forex, and futures, PSMA offers a unique blend of adaptability and precision, making it valuable for day traders and long-term investors alike. Enjoy this tool as it enhances your ability to execute timely, well-informed trades on TradingView.
Teo Volatility Signal System Xtream & RSI MFI WPR Combobir kaç indikatörün daha eklenmesi ile sinyallerin sık gelse de doğru yerde girilen işlemlerdeki başarı oranı yüksek görünüyor
SSL Hybrid with MA Baseline ehsanehsan and dr akrami cancle stick heikin ashi . when beta candle cross over heikin ashi it gave us signal
Z-Score RSI StrategyOverview
The Z-Score RSI Indicator is an experimental take on momentum analysis. By applying the Relative Strength Index (RSI) to a Z-score of price data, it measures how far prices deviate from their mean, scaled by standard deviation. This isn’t your traditional use of RSI, which is typically based on price data alone. Nevertheless, this unconventional approach can yield unique insights into market trends and potential reversals.
Theory and Interpretation
The RSI calculates the balance between average gains and losses over a set period, outputting values from 0 to 100. Typically, people look at the overbought or oversold levels to identify momentum extremes that might be likely to lead to a reversal. However, I’ve often found that RSI can be effective for trend-following when observing the crossover of its moving average with the midline or the crossover of the RSI with its own moving average. These crossovers can provide useful trend signals in various market conditions.
By combining RSI with a Z-score of price, this indicator estimates the relative strength of the price’s distance from its mean. Positive Z-score trends may signal a potential for higher-than-average prices in the near future (scaled by the standard deviation), while negative trends suggest the opposite. Essentially, when the Z-Score RSI indicates a trend, it reflects that the Z-score (the distance between the average and current price) is likely to continue moving in the trend’s direction. Generally, this signals a potential price movement, though it’s important to note that this could also occur if there’s a shift in the mean or standard deviation, rather than a meaningful change in price itself.
While the Z-Score RSI could be an insightful addition to a comprehensive trading system, it should be interpreted carefully. Mean shifts may validate the indicator’s predictions without necessarily indicating any notable price change, meaning it’s best used in tandem with other indicators or strategies.
Recommendations
Before putting this indicator to use, conduct thorough backtesting and avoid overfitting. The added parameters allow fine-tuning to fit various assets, but be careful not to optimize purely for the highest historical returns. Doing so may create an overly tailored strategy that performs well in backtests but fails in live markets. Keep it balanced and look for robust performance across multiple scenarios, as overfitting is likely to lead to disappointing real-world results.
Buyer & Seller Strength EstimatorCreating a buyer and seller strength indicator based on order flow data involves analyzing volume, bid/ask imbalances, or volume at price levels. However, in TradingView, access to raw order flow data (like bid/ask volume or depth of market) is limited. TradingView mainly provides data on volume per bar, so true order flow analysis—common in specialized software like Sierra Chart or NinjaTrader—is restricted.
Instead, I can create a script that estimates buyer and seller strength based on price and volume movements. This approximation can use metrics like Volume Delta (the difference between up-volume and down-volume) and identify momentum to infer which side might be stronger. Here's a Pine Script that does this:
Imbalance OscillatorCalculates the average of n most recent imbalances and creates an oscillator out of them. Default is 10. Can help to show change in market direction and/or trend. Useful when volatility picks up since it shows institutional order flow.
