Volume RSIThis is an indicator that shows the inflow and outflow of volume into a financial instrument. Volume is likely one of the most underrated source of data in trading unfortunately so there seems to be a lack of studies on it. The size of the candle is related to the strength of the move. The calculations for this are: cumulative sum of +volume if open < close OR -volume if open > close. This has been now transformed into an rsi style indicator to give a distinct advantage (or atleast thats the idea). The idea is that we take rsi of candles so we might as well take the rsi of volume candles. As far as I can tell it is faster/its own thing compared to regular rsi. I ave also added a smoothing option. Dont forget you can change the settings and you wont die. Thank you for your interest in this release I hope you find great piles of money with it.
link to the script I used to make this
Bands and Channels
Z Score BandThis is a band based on Z Score. What is Z Score? In layman's terms it's a method of finding outliers within a sequence of numbers. It's highly effective to quantify pump and dumps in the crypto market.
The middle line is a simple Exponential Moving Average, you can configure this with whatever period you prefer. It comes default with a period of 247 to which I find suitable for my style of trading. The upper and lower bound are determined by the standard deviation you choose in the settings, it comes with a default of 1.69 although I've heard people saying 2.5 is a better number to really pinpoint outliers.
Trading with this indicator is like trading with any band based indicator. The main difference is that this indicator's sole purpose when I wrote it is to help me find shorting positions in the futures market. On the contrary though, longs are also achievable although I rarely long the futures market.
If prices hit the upper bound and get rejected, it's probably because the move was an outlier, it doesn't happen often and when it does usually it reveals crypto's nature of buying spot and hedging short in the futures market. When prices stay above the upper bound, switch to a higher timeframe until we can see that it's still have some ways upwards.
What's true about using this as a shorting tool is also true with longs. However, it might not be as effective, I'd like to be proven wrong.
Fibonacci Zones EMA Zones StrategyThis idea is only for fun and learning purposes only.
The strategy represents 2 simple math formulas that are very simple. the "Fibo Formula" and the "EMA Formula" Please see source code for reference
I Feel like coders can learn a lot about developing strategies using this source code
This is to show that there is unlimited amount of variables and factors to a strategy and its all about working with probability.
Also to show that unlimited amount of conditions could be added to a strategy.
And unlimited amount of variables/factors with the settings that could change the results.
Rules are simple
Entry on close, Close/Entry must be in the blue Fibo Zone
Blue Fibonacci zone fully customizable
Other Conditions could be added involving EMA zones, Over Ema1, Under Ema1 etc..
TP/SL and Dates Fully Customizable
This script is just an idea fully for learning purposes.
Adaptive VWAP Stdev BandsIntroduction
Heyo, here are some adaptive VWAP Standard Deviation Bands with nice colors.
I used Ehlers dominant cycle theories and ZLSMA smoothing to create this indicator.
You can choose between different algorithms to determine the dominant cycle and this will be used as reset period.
Everytime bar_index can be divided through the dominant cycle length and the result is zero VWAP resets if have chosen an adaptive mode in the settings.
The other reset event you can use is just a simple time-based event, e.g. reset every day.
Usage
I think people buy/sell when it reaches extreme zones.
Enjoy!
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Credits to:
@SandroTurriate - VWAP Stdev Bands
@blackcat1402 - Dominant Cycle Analysis
@DasanC - Dominant Cycle Analysis
@veryfid - ZLSMA
(Sry, too lazy for linking)
I took parts of their code. Ty guys for your work! Just awesome.
Swing BandsThis indicator is a result of experimentation with price action of candle high and lows for quantifying reversals and trend continuation.
The band area shows trend reversal incoming and possible chop.
Middle line is the trend reversal price level. Candle colors change if the close price is above or below the middle line.
Long and short positions can be taken when above or below the bands.
Trend continuations are in effect when price retraces into the bands and breaks above or below in the same direction of the trend.
Hull Moving Average Bollinger Bands (HMABB)Hello! This is simply Bollinger Bands calculated with HMA! Heres a recap on both.
The Hull Moving Average (HMA) attempts to minimize the lag of a traditional moving average while retaining the smoothness of the moving average line. Developed by Alan Hull in 2005, this indicator makes use of weighted moving averages to prioritize more recent values and greatly reduce lag.
Bollinger Bands are envelopes plotted at a standard deviation level above and below a simple moving average of the price. Because the distance of the bands is based on standard deviation, they adjust to volatility swings in the underlying price. Bollinger Bands use 2 parameters, Period and Standard Deviations, StdDev.
Colorful Channelwhat is "Colorful Channel"?
it is a overbought - oversold indicator.
what it does?
It fills the area between the upper band of the channel and the price line with green, the area between the lower band of the channel and the price line with red color and applies a transparency to these colors according to the distance of the price from the channel lines. thus allowing users to get an idea of ??the current value of the price.
how it does it?
subtracts the percentage of the price from the lower channel from the transparency ratio of the red color, and the percentage of the price from the upper band from the transparency ratio of the green color. thus, a different transparency value is obtained for each percentile. In addition, the transparency rate can be changed with a multiplier determined by the users.
how to use it?
In the "lenght" section, you select the number of bars that the indicator will base backwards on. For example, if length=100, the indicator determines the upper and lower bands according to the distances from the highest and lowest values ??within 100 bar. so the length part works like donchian channels.
You can change the transparency ratio of the colors in the "transp" section.
1 saat transp
yan trend
4 saat
Click Draw TrendLine [UhoKang] v2
This is an indicator that directly draws a trend line by clicking on the candle.
Click to Create Trend lines !!
Create a trend line by connecting A, B, and C with three vertices.
1. Draw Bear Trend line
Click pivot high : First pivothigh of the downtrend line
Click pivot low : pivotlow of the downtrend line
Click pivot high : Second pivothigh of the downtrend line
2. Draw Bull Trend line
Click pivot low : First pivotlow of the uptrend line
Click pivot high : pivothigh of the uptrend line
Click pivot low : Second pivotlow of the uptrend line
Modefiy Trendlines
1. Edit Bear Trend line
Drag Red , ,
2. Edit Bull Trend line
Drag Green , ,
Heiken Ashi Swing High/LowIt uses Heiken Ashi candles to detect recent swing high and low.
It can be used as a stop-loss or support/resistance indicator.
Price Action AverageThis indicator is perfect for scalping in 1 minute, it consists of a channel and a line that is made up of the average of the highs and lows of the price in 12 and 64 cycles.
The channel has as its center a 7 cycles SMA, when the average line (Called Signal, the purple one) crosses the upper band it is time to make a Long.
If it crosses the lower band it is time to make a short, if the line returns to the channel a signal appears to close the operation.
The indicator works with all timeframes, I use it on the 1 hour chart and I do the trades in 1 minute.
Heikin Ashi SupertrendAbout this Strategy
This supertrend strategy uses the Heikin Ashi candles to generate the supertrend but enters and exits trades using normal candle close prices. If you use the standard built in Supertrend indicator on Heikin Ashi candles, it will produce very unrealistic backtesting results because it uses the Heikin Ashi prices instead of the real prices. However, by signaling the supertrend reversals using Heikin Ashi while using standard candle close prices for the entries and exits, it corrects the backtesting errors and gives you a more realistic equity curve. You should set the chart to use standard candles and then hide them (the strategy creates the candles).
This strategy includes:
Plotting of Heikin Ashi candles
Heikin Ashi Supertrend
Long and Short Entry Signals
Move stop loss after trade is X% in profit
Profit Target
Stop Loss
Built in Alertatron automation
Alertatron Trade Automation Integration
For Alertatron integration, be sure to configure the strategy settings and "Enable Webhook Messages" before creating an alert with {{strategy.order.alert_message}} in the body of your alert message. Be sure to enable webhooks and point it to your Incoming Alertatron webhook URL.
Notes
While this strategy does pretty well during trending markets, It's worth noting that the Buy and Hold ROI is much better during peak times of the bull market
Not financial advice. Do not risk more than you can afford to lose.
QQE Student's T-Distribution Bollinger Bands ScreenerThis script scans 20 custom symbols and displays the QQE Students T-Distribution Bollinger Bandwidth as a percentage, the quarter segment percentage, a score that tells you what segment of the band the price is in, and what direction the market is going in. This is useful because it can tell you how volatile a market is and how much reward is in the market. It also tells you what direction the market is going in so you can pick a symbol that has the best looking reward. I really hope that this script complements the group of indicators I have made so far. Here is a list of the other two indicators related to this script.
Please enjoy!
Nadaraya-Watson: Envelope (Non-Repainting)Due to popular request, this is an envelope implementation of my non-repainting Nadaraya-Watson indicator using the Rational Quadratic Kernel. For more information on this implementation, please refer to the original indicator located here:
What is an Envelope?
In technical analysis, an "envelope" typically refers to a pair of upper and lower bounds that surrounds price action to help characterize extreme overbought and oversold conditions. Envelopes are often derived from a simple moving average (SMA) and are placed at a predefined distance above and below the SMA from which they were generated. However, envelopes do not necessarily need to be derived from a moving average; they can be derived from any estimator, including a kernel estimator such as Nadaraya-Watson.
How to use this indicator?
Overall, this indicator offers a high degree of flexibility, and the location of the envelope's bands can be adjusted by (1) tweaking the parameters for the Rational Quadratic Kernel and (2) adjusting the lookback window for the custom ATR calculation. In a trending market, it is often helpful to use the Nadaraya-Watson estimate line as a floating SR and/or reversal zone. In a ranging market, it is often more convenient to use the two Upper Bands and two Lower Bands as reversal zones.
How are the Upper and Lower bounds calculated?
In this indicator, the Rational Quadratic (RQ) Kernel estimates the price value at each bar in a user-defined lookback window. From this estimation, the upper and lower bounds of the envelope are calculated based on a custom ATR calculated from the kernel estimations for the high, low, and close series, respectively. These calculations are then scaled against a user-defined multiplier, which can be used to further customize the Upper and Lower bounds for a given chart.
How to use Kernel Estimations like this for other indicators?
Kernel Functions are highly underrated, and when calibrated correctly, they have the potential to provide more value than any mundane moving average. For those interested in using non-repainting Kernel Estimations for technical analysis, I have written a Kernel Functions library that makes it easy to access various well-known kernel functions quickly. The Rational Quadratic Kernel is used in this implementation, but one can conveniently swap out other kernels from the library by modifying only a single line of code. For more details and usage examples, please refer to the Kernel Functions library located here:
MA Cross ScreenerThis script lets you pick 20 symbols to check for ma crosses. The way it works is it scans all 20 of your symbols for moving average crosses and then it sends an both a regular alert and a visual alert inside of the indicator. I found that ma cross strategies are very popular right now so I thought it would be nice to have one indicator instead of 20 discord servers. The features include: 20 custom symbols, alerts, custom colors, ma select, and custom time frames. If you want to use the custom time frame option, use the lowest time frame possible. That way you wont have gaps. If you have any comments please voice them, that includes suggestions!
I hope you all find this useful!
QQE Student's T-Distribution Bollinger BandsCredit to all of the developers on this project (aka all of the places I got the code from lol) @eylwithsteph @storma @Fractured @lejmer @AlexGrover @Montyjus @Jiehonglim @StephXAGs @peacefulLizard50262 @gorx1 @above-c-level
This script utilizes @above-c-level 's Student's T-Distribution script to give us a great estimation of volatility. I took this idea and apply it to the QQE filter! That being said I have added a boat load of features as to make this script as useful to as many people as possible.
Included averages: 'TMA', 'ALMA', 'EMA', 'DEMA', 'TEMA', 'WMA', 'VWMA', 'SMA', 'SMMA', 'HMA', 'LSMA', 'JMA', 'VAMA', 'FRAMA', 'ZLEMA', 'KAMA', 'IDWMA', 'FLMSA', 'PEMA', 'HCF', 'TIF', 'MF', 'ARMA', 'DAF', 'WRMA', 'RMA', 'RAF', 'A2RMA', 'QQE 1', 'QQE 2','Centroid',"Harmonic Mean","Geometric Mean","Quadratic Mean","Median","Trimean","Midhinge","Midrange","VWAP"
Included Features: Smoothing, Additional Moving Average, Log Space, Mean Momentum via Derivative
Use this just like BB but instead (as long as you are on qqe) you get real prices that are stable! It also shows really valid support and resistance. Use this in combination with the osc version for more power.
Open Close TrendThis is a simple trend indicator that gives you a few options on how to view the data. The way this works is it takes the open, close, high and low and it smooths them with an exponential moving average. Next we smooth a bit with a simple moving average to clear up the data. Finally we normalize everything to the average high and low. With this you can compare the average closing price to the average opening price. If the closing price is greater than the opening price then it is in an up trend and visa versa. You can also find reversals by looking for divergences. I have included a few features in this script including: Normalization, 200ma centering, Background color divergence convergence, histogram to see convergence divergence, and custom colors. I hope you all enjoy this simple release! I know I had fun making this.
[MAD] Fibonacci retracementThis is just a Fibonacci Retracement tool with some interactive information based on the actual closing price
How to use:
add the script,
input left bottom with the 1st click,
input top with the 2nd click
Informations you can see than:
Fiblevel (Price) %till_this_point = pricedifference
additional:
Bottom of the fib
Range Up in % + Price-Range
Range Down in %
you can shift the comma with the decimal functions for trading shitcoins as example
if looking into the past, level/price will follow, liveinfo using the close is than hidden
what will follow:
reverse
log/linear
autogrow when range will be wicked
maybe alerts on levels... have to think about how to capture correctly
Nadaraya-Watson Envelope Alternative [CHE] Super EnvelopeThe problem of the wonderfuls Nadaraya-Watson indicators is that they repainting, so I use a John Ehlers’ 2-pole Butterworth filter “Super Smoother”. With this indicator you are able to make adjustments to the length and using the multiplier out and thus to make the analysis as good as possible.
Settings:
smoothing length: Determines the length of the Super Envelope.
Adjustable multiplier: Multiplier for the bands
Show middle band: On and off center line
Hide Disclaimer: Uncheck to hide the disclaimer
Usage
This tool outlines extremes made by the prices within the selected window size. This is achieved by estimating the underlying trend in the price using Ehlers Super smoothing, calculating the mean absolute deviations from it, and adding/subtracting it from the estimated underlying trend.
We can expect the price to reverse when crossing one of the envelope extremities. Crosses between the price and the envelopes extremities are indicated with triangles on the chart.
I have integrated alerts for this indicator from the crosses between the price and the envelope extremities. However, i do not recommend this tool to be used alone or solely for real time applications.
best regards
Chervolino
Bandas de Bollinger + 3 Medias Moviles SimplesDenota de una forma poco invasiva, cuando el precio alcanza las Bandas de Bollinger, y permite apreciar al mismo tiempo las medias móviles de 200,100 y 50 a fin de estar alerta a sus cruces, nos obstante, dicho indicador, debe ser apoyado junto con otros indicadores en los mercados financieros que estén al alza o a la baja.
Descargo de responsabilidad: Este contenido los datos, indicadores y valores reflejados, es solo para fines informativos y no debe interpretarse como asesoramiento legal, fiscal, de inversión, financiero o de otro tipo.
BOLLY BandsThis is a strategy using Bollinger Bands. The strategy is predicated around having low volatility in price action and then looking to capture a move when price starts to trend outside of the Bollinger bands. This strategy has only been backtested for 1 month but it has promising results so I will be sharing it looking for feedback. I run this strategy on the ERUSD 1 min chart.
