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Simple Moving Average (SMA)

4 SMAs & Inside Bar (Colored)SMAs and Inside Bar strategy is very common as far as Technical analysis is concern. This script is a combination of 10-20-50-200 SMA and Inside Bar Candle Identification. SMA Crossover: 4 SMAs (10, 20, 50 & 200) are combined here in one single indicator. Crossover signal for Buy as "B" will be shown in the chart if SMA 10 is above 20 & 50 and SMA 20 is above 50. Crossover signal for Sell as "S" will be shown in the chart if SMA 10 is below 20 & 50 and SMA 20 is below 50. Inside Bar Identification: This is to simply identify if there is a inside bar candle. The logic is very simple - High of the previous candle should be higher than current candle and low of the previous candle should be lower than the current candle. If the previous candle is red, the following candle would be Yellow - which may give some bullish view in most of the cases but not always If the previous candle is green, the following candle would be Black - which may give some bearish view in most of the cases but not always Be Cautious when you see alternate yellow and black candle, it may give move on the both side Please comment if you have any interesting ideas to improve this indicator.
Pine Script™ indicator
by AlI_The_Trader
2
Bagheri IG Ether v2In this version, the winning ratio has been decreased, but the Risk to Reward Ratio (RRR) has been set to be better than the previous version. This is a technical trading strategy for Ethereum ( BINANCE:ETHUSDT ). We built and developed it on MetaEditor and optimized it with MetaTrader optimizer. The main indicators are Donchian Channel, Oscillator of ROC , Bears Power, Balance of Power , and Simple Moving Average ( SMA ). Default values in the input panel are the best combination of these indicators, but you can change any of them and try it for better results. Please notice that this strategy has been optimized on the 1-minute chart of Ethereum . For each position, you can see the Take Profit (TP) and Stop Loss (SL) levels. Also, you can find the values of mentioned TP and SL in points from the input panel of the script. Attention: The price of Ethereum has 2 decimal places. Therefore, 3000 points for TP means 30 USDT for trading 1 BINANCE:ETHUSDT .
Pine Script™ strategy
by Bagheri_IG
Up/Down Indicator - DurbtradeA simple but unique indicator to show ONLY whether there is an increase or a decrease in price compared to the previous value. Also includes a customizable SMA or EMA based "Smoothing Length" variable, allowing the indicator to show whether the SMA or the EMA of the price is up or down compared to the previous value. An offset option is also included if you need it. Settings : Personal thoughts : I wanted to have an indicator that showed ONLY whether the price is UP or DOWN from the previous value. My logic was that I could have a more accurate perception of general up or down trend direction if I removed the AMOUNT of increase or decrease happening from moment to moment over time. From there, I added the SMA/EMA "Smoothing Length" and "Smoothing Type" variables into the script. By increasing the value of the smoothing length above 1, the indicator act as a color-changing moving average, except without showing an actual value. "Smooth Length" acts just like the length of any other moving average... When the value of the "Smooth Length" is = 1, the indicator shows whether PRICE is up or down. When the value of the "Smooth Length" is = 50, the indicator shows whether the MOVING AVERAGE with a length of 50 is up or down. When the value of the "Smooth Type" is = 1, the indicator is SMA based. When the value of the "Smooth Type" is = 2, the indicator is EMA based. As you can see in the main chart above, or in the picture below, I show the indicator in 2 different ways... The indicator on the top shows price up/down action, and the indicator on the bottom shows the 50 SMA up/down action : Other key points : The indicator height can be smashed down as small as possible and still remain 100% functional... which is very important when chart real-estate is limited. Here is an example of my main layout setup, with the Up/Down indicator on the top left : As you can see, it takes up very little space, but still remains fully functional. In the example above, I have it overlayed on the left chart price panel, with the price visibility turned off. If it is overlayed on the price panel like so, and you want to see both the indicator and price, simply turn the price visibility on to see both. Since the indicator displays itself merely by changing the color of the background, layer order has no effect, and the indicator is always drawn in the background. The Up/Down indicator can also be used in conjunction with other candle types that sometimes display candle color differently than standard candles, such as heikin-ashi candles. Just take note that the colors of the indicator may not match the colors of the heikin-ashi candles. Finally, I looked very hard to find an indicator like this on TradingView, and found absolutely nothing. I know that it is a simple concept, but I'm honestly surprised I couldn't find anything like it. I have been using it for awhile now, and I'm proud of the results... therefore, I'd like to share it with the community, along with my previously published indicators, in the hope that you find it useful! Outro : A) As with my previous indicators, this one was written while keeping information, color, clarity, chart real-estate, and customization in mind. B) It is optimized to be displayed on all display setups... for use on your own personal television, laptop, or cellular phone screen... and on all chart zoom levels and layout styles. C) Please feel free to comment your thoughts, critiques, or suggestions. They are all very helpful! D) Check out my previous pine script indicators if you like this one. They work really well together. E) I hope that you find this script useful. F) Enjoy! // Durbtrade
Pine Script™ indicator
by Durbtrade
2
[FN] Strategy - Store Level on ConditionThis is a function that you can use in strategies. Not a strategy in and of itself. Example thumbnail is showing the function applied to a strategy. Oftentimes, I am asked a question regarding how to hold a variable at a specific, constant level over a conditional period of time. This question is always asked in a very long convoluted way like "I want the strategy to know what the high of the last pivot was while I'm in a long." or some other variation of wanting a script to remember something from prior bars. This function is designed to store a price or some numeric level on the bar that your conditional (bool) statements determine that it should be stored. In this construct, you would set conditional statement(s) to flip the 'hold condition' to be true on the next bar, then hold that value until either the "hold condition" is no longer true or the initial conditions trigger again, causing an update to the level that you want to capture. You still have to come up with the logic for the start condition and hold condition on your own, but I've provided an example that should give you an idea of how to accomplish this and customize/deploy the function for your purposes. The function will return 'na' when neither the start condition nor hold condition are true. There's multiple ways to implement this and variations on how the level is chosen. I've written extensive notes in the script to guide you through the logic behind the function. My hope is that it will be useful to those trying to build strategies or anyone attempting to get their script to remember a level under given conditions. In the thumbnail example, the take profit level is defined at the beginning of the trade and held until the take profit order executes. The order execution is a separate matter. However, storing the take-profit level at a static value is key to telling the strategy.exit() function what price to execute a limit exit order at. Example: strategy.exit("Exit Long", from_entry = "long", qty_percent = 100, limit = stored_value) Let me know how it works out for you and if I can be of any assistance. Note: Strategy results are mainly derived from the fact that the strategy is long-only, the NQ only goes up, and there is no stop loss in place. So don't ask for the specific strategy, because unless you're trading a single contract with a $500,000 account, you'll probably get liquidated using this strategy as it is presented.
Pine Script™ indicator
by kurtsmock
1
[KL] Double Bollinger Bands Strategy (for Crypto/FOREX)This strategy uses a setup consisting of two Bollinger Bands based on the 20 period 20-SMA +/- (a) upper/lower bands of two standard deviations apart, and (b) upper/lower bands of one standard deviation apart. We consider price at +/- one standard deviation apart from 20-SMA as the "Neutral Zone". If price closes above Neutral Zone after a period of consolidation, then it's an opportunity for entry. Strategy will long, anticipating for breakout. The illustration below shows price closing above the Neutral Zone after a period of consolidation. a.c-dn.net Position is exited when prices closes at Neutral Zone (being lower than prior bars)
Pine Script™ strategy
by DojiEmoji
SMA Offset StrategyThis strategy uses simple moving averages and some math to determine buy/sell points. We keep a SMA 100 day line as our basis for our offset. If the close price is below the line, we choose our open position based on how low below the line it is goes, this value (Low Offset) is a percentage and can be configured by the user. Same for closing your position, when the close is above our SMA 100 line, we determine how high above the line before selling. If we try to sell too early (while the price is still rising), the trailing stop loss will kick in. Backtested with Bitcoin and Ethereum. Configurable variables: SMA Fast (default is 14 days) SMA Slow (default is 100) SMA Reference (default is 30) Low Offset % (default is 0.001) High Offset % (default is 0.0164) Order Stake % (default is 0.96) Trailing stop loss % (default is 1.35)
Pine Script™ strategy
by sonnyparlin
16
Bagheri IG EtherThis is a technical trading strategy for Ethereum ( BINANCE:ETHUSDT ). We built and developed it on MetaEditor and optimized it with MetaTrader optimizer. The main indicators are Donchian Channel, Oscillator of ROC, Bears Power, Balance of Power, and Simple Moving Average (SMA). Default values in the input panel are the best combination of these indicators, but you can change any of them and try it for better results. Please notice that this strategy has been optimized on the 1-minute chart of Ethereum. For each position, you can see the Take Profit (TP) and Stop Loss (SL) levels. Also, you can find the values of mentioned TP and SL in points from the input panel of the script. Attention: The price of Ethereum has 2 decimal places. Therefore, 3000 points for TP means 30 USDT for trading 1 BINANCE:ETHUSDT .
Pine Script™ strategy
by Bagheri_IG
Crypto swing correlation RSI and SMAThis is a crypto swing strategy, designed for long term periods and correlated pairs with crypto market total(or other coins used as correlation, however I recommend total of crypto or btc) Its components are: RSI with a very length Correlation candles SMA 9 Rules for entry: For long : RSI is above 51 level and going higher and close of the candle is above the SMA For short :RSI is below 49 and going lower and close of the candle is below the SMA Rules for exit: We exit when we encountered an opposite condition than the entry one, or based on take profit/stop loss levels. If you have any questions let me know !
Pine Script™ strategy
by exlux
4
Horizontal Line At Daily Moving AveragesThis script allows you to see the major daily moving average levels on a smaller time frame. One challenge with day trading is, when trading on a smaller time frame, you are not paying as much attention to the daily price levels. One solution might be to select a chart layout on Tradingview which allows you to see both the daily and a smaller time frame at the same time. However, this approach takes up valuable screen space. All you are really looking for is the significant daily price level and the price action near that level. This script allows you to merge the 2 goals on 1 chart. You have the smaller time frame open to monitor detailed price action and horizontal lines at the major moving average levels. Red: 9 EMA Navy: 20 MA Green: 50 MA Blue: 100 MA Purple: 200 MA
Pine Script™ indicator
by DavidTammari
8
Correlation StrategyThis is strategy determines a level (expressed in a scale from 1 to 100) of correlation between security A (user defined) and security B (used on the chart) closing prices. If the correlation is less than the user defined threshold, a buy signal will be possible. To determine the direction of the trade we can choose between a Simple Moving Average or a Relative Strength Index indicator, both with user defined lengths. WFA Explained This strategy includes a simple Walk Forward Optimisation, which is a technique used to evaluate the robustness of the strategy, simulating a live trading environment where the future (the "out-of-sample" period) is not visible yet. The "in-sample" period is where you should optimise the values of the Strategy Inputs that match the ones in the WFA section. Default period value is 1 (or 1/3 of all the candles in the chart). After optimising the first period, the "All" period can be chosen to evaluate the results of our "in-sample" optimisation in an "out-of-sample" period (="All"-"1"). It is also possible (and recommended) to optimise each period (1 and 2) independently and then replace the corresponding values in the WFA section of the inputs panel. The WFA input is used to make those values effective in their corresponding periods. More info on WFA: en.wikipedia.org
Pine Script™ strategy
by tweakerID
_CM_Ultimate_MA_MTF_V4***For a Detailed Video Overview Showing all of the Settings... Click HERE to View Video New _CM_Ultimate_MA_MTF_V4 - Update - 08-24-2021 Thanks to @SKTennis for help with code Added Ability to Plot 1 or 2 Moving Averages - Fast MA & Slow MA Added Ability to Plot Fast MA with Multi TimeFrame Added Ability to Plot Slow MA with Multi TimeFrame Added Ability to Color Fast MA Based on Slope of MA Added Ability to Color Fast MA based on being Above/Below Slow MA Added Ability to Plot 8 Types of Moving Averages Simple, Exponential, Weighted, Hull, VWMA, RMA, TEMA, & Tilson T3 Added Ability to Set Alerts Based on: Slope Change in the Fast MA Or Fast MA Crossing Above/Below Slow MA. Added Ability to Plot "Fill" if Both Moving Averages are Turned ON Added Ability to control Transparency of Fill Added Alerts to Settings Pane. Customized how Alerts work. Must keep Checked in Settings Pane, and When you go to Alerts Panel, Change Symbol to Indicator (_CM_Ultimate_MA_MTF_V4) Customized Alerts to Show Symbol, TimeFrame, Closing Price, & Moving Average Signal Name in Alert Alerts are Pre-Set to only Alert on Bar Close See Video for Detailed Overview New Updates Coming Soon!!! ***Please Post Feedback and Any Feature Requests in the Comments Section Below***
Pine Script™ indicator
by ChrisMoody
59
Fibonacci LevelsThe 420 VWMA (Volume Weighted Moving Average) per period selected of the low price (Fib 0) and the high price (Fib 1). They are labeled in Color of the line they represent. The other Fib lines are calculated using common fib ratios as follows: longRange_fib2618 = highestHighperLongRange + (highestHighperLongRange - lowestLowperLongRange) * 1.618 longRange_fib1618 = highestHighperLongRange + (highestHighperLongRange - lowestLowperLongRange) * .618 longRange_fib786 = highestHighperLongRange - (highestHighperLongRange - lowestLowperLongRange) * 0.236 longRange_fib618 = highestHighperLongRange - (highestHighperLongRange - lowestLowperLongRange) * 0.382 longRange_fib50 = highestHighperLongRange - (highestHighperLongRange - lowestLowperLongRange) * 0.500 longRange_fib382 = highestHighperLongRange - (highestHighperLongRange - lowestLowperLongRange) * 0.618 longRange_fib236 = highestHighperLongRange - (highestHighperLongRange - lowestLowperLongRange) * 0.764 Those lines are drawn and labeled to right of chart The 2 heavy whites and the short range of the Fib1 (Top) and Fib0 (Bottom). Eyes on chart when it approaches one those two points. This is where I look for continuation or reversal patterns, especially near a Longterm Fib The Red, Green, Yellow and Blue are colored ratio lines that I am experimenting with and will later combine with a multiple time frames to show discernable patterns of potential near future movements. The prices interacts with the fib lines and each of the the colored ratio lines as you go from small to larger time frames. I will be publishing this soon to allow the community to improve on it.
Pine Script™ indicator
by BoneFunkenstein
7
RSI Divergency and Golden RatioHow to calculate: Positive mismatch finds the lowest trough within the distance you choose. It then compares it to the current closing value. If the past low is above the current closing level, it means that the bottoms of the price are descending. The RSI level at the furthest bottom of the price is detected. And the current RSI level is detected. If the current RSI level is higher than the previous RSI level, there is a positive divergence. When a positive divergence occurs, a green pole forms above the RSI indicator on the chart. Negative finds the highest peak level within the distance you choose. It then compares it to the current closing value. If the past high is below the current close, it means that the highs of the price are rising. The RSI level at the furthest high of the price is detected. And the current RSI level is detected. If the current RSI level is lower than the previous RSI level, there is negative divergence. When a negative divergence occurs, a red pole forms above the RSI indicator on the chart. As can be seen in the image, the points marked with red are the regions where incompatibility occurs. At the same time, the signals that occur when the RSI cuts its own moving average and the signals that occur when the RSI cuts its own golden ratio are also very strong signals. Waiting for your ideas and comments. I am open to criticism. We can improve.
Pine Script™ indicator
by only_fibonacci
12
[VJ]Thor for MFIThis is a simple intraday strategy for working on Stocks or commodities . You can modify the start time and end time based on your timezones. Session value should be from market start to the time you want to square-off Important: The end time should be at least 2 minutes before the intraday square-off time set by your broker Comment below if you get good returns Strategy: Indicators used : Moving average (MA) is a widely used technical indicator that smooths out price trends by filtering out the “noise” from random short-term price fluctuations. Here moving averages are used to identify trend direction and to determine support and resistance levels. Overbought and oversold regions are also taken into consideration The Money Flow Index ( MFI ) is a momentum indicator that measures the flow of money into and out of a security over a specified period of time. It is related to the Relative Strength Index ( RSI ) but incorporates volume , whereas the RSI only considers price. The MFI is calculated by accumulating positive and negative Money Flow values (see Money Flow ), then creating a Money Ratio. The Money Ratio is then normalized into the MFI oscillator form. Using the combination of Overbought and Oversold values and varying MFI and using the MA filter to ensure the direction , we can buy/sell when conditions are met Buying with MFI 1. MFI drops below 20 and enters inside oversold zone. 2. MFI bounces back above 20. 3. MFI pulls back but remains above 20. 4. A MFI break out above its previous high is a good buy signal. Selling with MFI 1. MFI rises above 80 and enters inside overbought zone. 2. MFI drops back below 80. 3. MFI rises slightly but remains below 80. 4. MFI drops lower than its previous low is a signal to short sell or profit booking Usage & Best setting : Choose a good volatile stock and a time frame - 5m. MFI factor : 3 Moving Average : 80 Overbought & Oversold - can be varied as per user There is stop loss and take profit that can be used to optimise your trade The template also includes daily square off based on your time.
Pine Script™ strategy
by vikris
1
Confluence TradingThis indicator makes use of the Kumo Cloud, 3EMA and ADX/DI+/DI- indicators. While these can be used separately (green bars show where to long and red bars show where to short), this indicator also shows how their use together can create a more precise estimate on when to enter and exit the market. It is interesting to note that while each of the three indicators individually can predict movements and trend reversals early, having their signals converge into one makes a slower prediction but also a more accurate one. It is a great visual representation of why combining multiple trading techniques or analysis increases odds of winning trades (confluence trading). Do feel free to message me if you wish for me to add any other indicator to the mix or to fix any bugs. The ADX indicator makes use of robertkowalski's code.
Pine Script™ indicator
by antondmt
2
Multi-timeframe MAs + Stoch RSI SignalsHello traders, I welcome you to my first published script on TradingView: “Multi-timeframe Moving Averages + Stochastic RSI”. The script is based on a simple formula: Buy signals are generated when a fast moving average is above a slower moving average (uptrend) and the Stochastic RSI K line is crossing above the oversold level (entry). Sell signals are generated when a fast moving average is below a slower moving average (downtrend) and the Stochastic RSI K line is crossing below the overbought level (entry). This indicator works best in strong trends! **Please note the above example has repainting turned on which may produce unrealistic results when viewing historical data. See below for more information regarding this and how you can turn it off.** The user has the following inputs: - Option to change the Stochastic RSI settings, including the oversold and overbought levels. - Option to enter any value for both the Fast Moving Average and the Slow Moving Average. - Option to change between EMA or SMA for each moving average. - Multiple time frames to choose from, as well as the ability to selectively turn off individual time frames (both plots and alerts). (Default time frames are 1 hour, 4 hour, and Daily. You can have a 4th time frame by changing your current time frame to something lower than the other 3 time frames) - Turn on/off repainting: If repainting is turned on you will get an alert and buy/sell signal on chart immediately when condition is met, however the signal may disappear from chart if the condition reverses during the same candle. If repainting is turned off, the indicator will wait for the candle to close before issuing the alert and painting the signal on chart. For higher time frames, the indicator will wait for the candle in the higher time frame to close before issuing a signal if repaint is turned off. Default is set to Repaint on, so please be aware of this if you do not want repainting. How to use alerts: - Before you do anything, make sure your current time frame is the lowest time frame you’d like alerts on, as you will still receive alerts for the higher time frames you selected in settings. - Once you have all the settings changed to how you like, save your chart first. Then right click on any of the indicator’s buy/sell signals on the chart and click “Add Alert on MAs + Stoch RSI”. - Make sure “Any alert() function call” is selected under the Condition. - You can delete or change the text in “Alert name” if you want as the alert message is already built into the indicator, and it will tell you in the alert message which asset and time frame to buy or sell. Other things to note: - The indicator will not display the buy/sell signals of lower time frames when you are on a higher time frame. This was done purposely to reduce clutter on the chart when you switch to higher time frames. - While the alert message will tell you which time frame a signal was generated, the plots on the chart will instead show “Buy/Sell TF1, or TF2, or TF3”. If the signal is from the current time frame that the alert was created on, then it will simply show “Buy” or “Sell”. Hope you guys enjoy using this one, please drop a like if you found it useful. If anyone wants to modify my script in any way, please just credit me for the original work when you publish the script. Good luck!
Pine Script™ indicator
by tommyf1001
12