Market Maker BalanceWhere is the market maker in his cycle of building longs or shorts? When is that big drop or big pump coming?
This is a simple and unexpectedly powerful indicator that shows you an estimate of the market maker's position over the last 200 candles. It works on any timeframe.
How does it work?
It combines a simple 10-candle Price Volume Support Resistance Analysis metric of climactic and rising volume. That volume is combined to create a bullish and bearish balance over a period of 200 candles. The curves are smoothed out with a 10 period EMA.
The MMB (Marker Maker Balance) oscillator is the resulting bearish volume - bullish volume, which shows us THEIR position balance.
Indications:
when shorts are increasing (further below 0), we are in a bullish trend -- you should be taking profit on longs
when shorts are flat or decreasing, the trend is due for a reversal -- you should be closing longs and looking to short
when shorts cross 0 to long, the trend is reversing down -- you should be in a short position by now
when longs are increasing, we are in a bearish trend -- you should be taking profits on your shorts
when longs are flat or decreasing, the trend is due for a reversal -- you should be closing your shorts
For extra information, there are also the separate lines for rising and climactic volume to give you early indications of reversal or change in Market Maker behaviour. You can disable them in the Style settings, but they can be a useful early indicator that the current trend is losing strength when rising volume overtakes climax volume (MM's no longer moving out of zones higher/lower).
Ways to use this indicator are quite simple and eerily accurate:
for short term gains, do the opposite of MMs: long when MM are opening more shorts, short when they are opening more longs
for huge positions, mimic the MM position: build long positions / close shorts when MMB is rising, build shorts / close longs when MMB is falling or crosses above 0 (be careful with leverage, begin on 1x leverage)
Note: the results of this indicator will be different for each exchange, because of their different trading volumes per candle. It's advisable to use it for the exchange you're trading on or use a chart that averages all exchanges for that asset, like INDEX:BTCUSD.
For those of you who use the Backtesting & Trading Engine by PineCoders, the BTE Signal plot generates long and short entries as well as filter states. Use this plot as the source for BTE.
Shout out to @infernixx for PVSRA calculations in his awesome Traders Reality indicator, the code of which I shamelessly ripped off and edited for this indicator.
Leave comments below if you want something added.
חפש סקריפטים עבור "香港市場主線股票市值小於200億"
Scalping using RSI 2 indicator with TSLThis strategy implements a simply scalping using the RSI (calculated on two periods), the slopes of two MAs ( EMA or SMA ) having different lengths (by default, I use 50 and 200).
A trailing stop loss (%) is used.
Entry conditions:
.) Fast MA > Slow MA and Price > Slow MA and RSI < Oversold Threshold ------> go Long
.) Fast MA < Slow MA and Price < Slow MA and RSI > Overbought Threshold ------> go Short
Exit conditions:
.) Long entry condition is true and (close >= TP or close <= TSL ) ----> close short position
.) Short entry condition is true and (close <= TP or close >= TSL ) ----> close long position
The strategy performed best on Bitcoin and the most liquid and capitalized Altcoins but works excellent on volatile assets, mainly if they often go trending.
Works best on 3h - 4h time frame.
There's also an optional Volatility filter, which opens the position only if the difference between the two slopes is more than a specific value, which can be set in the study inputs. The purpose is not opening positions if the price goes sideways and the noise is way > than the signal.
Note:
.) the RSI length is 2;
.) the oversold Threshold is 90%;
.) the overbought Threshold is 10%;
.) by default, the trailing stop loss per cent is 1%;
.) by default, the fast MA length is 50;
.) by default, the slow MA length is 200;
.) by default, the MA used is EMA.
Cheers.
Scalping using RSI 2 indicator with TP and TSLThis study implements a simply scalping using the RSI (calculated on two periods), the slopes of two MAs (EMA or SMA) having different lengths (by default, I use 50 and 200).
A take profit (%) and a trailing stop loss (%) are used.
Entry conditions:
.) Fast MA > Slow MA and Price > Slow MA and RSI < Oversold Threshold ------> go Long
.) Fast MA < Slow MA and Price < Slow MA and RSI > Overbought Threshold ------> go Short
Exit conditions:
.) Long entry condition is true and (close >= TP or close <= TSL) ----> close short position
.) Short entry condition is true and (close <= TP or close >= TSL) ----> close long position
The strategy performed best on Bitcoin and the most liquid and capitalized Altcoins but works excellent on volatile assets, mainly if they often go trending.
Works best on 3h - 4h time frame.
There's also an optional Volatility filter, which opens the position only if the difference between the two slopes is more than a specific value, which can be set in the study inputs. The purpose is not opening positions if the price goes sideways and the noise is way > than the signal.
Note:
.) the RSI length is 2;
.) the oversold Threshold is 90%;
.) the overbought Threshold is 10%;
.) by default, the take profit per cent is 0.5%;
.) by default, the trailing stop loss per cent is 0.5%;
.) by default, the fast MA length is 50;
.) by default, the slow MA length is 200;
.) by default, the MA used is EMA.
Cheers.
Moving Average Growth RateThis indicator measures the growth rate of any given MA from it's previous value. It defaults to the 200 period but you can plug in any value you want. I like to use this on the weekly time frame with the 200 period MA because it is such a long term moving average that it has never once gone down on the BTC chart. Even though the rate of change always looks minuscule, this indicator more precisely measures the rate of change, potentially identifying states of massive overvaluation.
I have been testing this one for a long time and ended up reconfiguring it several times. I configured it to be used on any time frame. The coloring values are hard coded as follows:
Business As Usual (Lime): Growth Rate < 2
Heating Up (Orange): Growth Rate >= 2 and Growth Rate < 3
Warning (Red): Growth Rate >= 3
If you have any comments or suggestions let me know.
EMA TrendThe purpose of this script is to identify price trends based on EMAs. The relative position of price to specific EMAs and the position of certain EMAs towards each other are used to determine the trend direction. The script is intended for investors as a tool to define a basis for further evaluation. I do not use the script as a signal generator and would not recommend doing so without the help of additional indicators.
How to work with the script
The major (or long term) trend direction is determined by the 144 EMA much in the same way as the 200 MA is used in other systems. If the price is above the 144 EMA we are in a long term uptrend, below we are in a long term downtrend. This is to be taken with a grain of salt though. The 144 EMA is considerably shorter than the 200 SMA and is more prone to the price fluctuating around it during periods without a strong long term trend. I recommend using this as a confirmation for the short term trend.
The short term trend is derived from the position and slope of the price, the 21 EMA and the 55 EMA. If the price is above the 21 EMA, the 21 above the 55 EMA, both EMAs are sloping upwards and the distance between the two is increasing, we are talking about an uptrend (and vice versa for a downtrend). This is visualized by the color of the fill between the 144 EMA and close price. Green for uptrend, red for downtrend and no color for an undetermined trend.
The EMAs used are: 21 , 34 , 55 , 89 , 144 , 233 . Most of the EMAs are at 50 transparency to appear less dominant. For orientation, the 144 EMA is bright green to indicate its general importance for the trend determination, and the 55 EMAs is not transparent mainly to be able to identify positioning when the EMAs are close together.
Base time frame EMA
The 144 EMA is plotted twice where one is fixed to the daily time frame (can be configured) to be able to have the 144 on different timeframes during analysis. I find this very useful to keep the focus on my main time frame while analyzing trend on lower or higher time frames. This can also be turned off.
Configurability
This script is less configurable than I generally like with my other scripts. The reason is that the title attribute of the plots is not dynamic, and I use the data window often to get exact values from the script to determine buy targets for pullbacks and other things. Hence, I prefer not to have random names (or no names) in there to save mental capacity. If this ever becomes available, I'll gladly add this to this script. Till then, I encourage you to take the script and adjust it to your own needs. It should be simple enough even if you are just starting out in pine.
Ichimoku Crypto LONG 3h ANY CRYPTO PairThis is a strategy which works with most of the crypto pairs on the 3H time frames.
It beats easily on the long term buy and hold strategy.
This strategy is made from the baseline from ichimoku together with ema 200
This is a long only strategy.
THe condition is : our candle is above ema 200 and our ichimoku its telling we have a long trend. We exit on the opposite signal.
If you have any questions private message me !
Crypto EMA+MA+MACS by hobbeLeThis is an indicator that includes several EMAs and MAs (Used in Cryptotrading).
In addition, the Golden and Death Cross are also displayed.
Used MAs
MA 7 - Orange Line
MA 21 - Yellow Line
MA 25 - Grey Line
MA 99 - Blue Line
MA 200 - Green Line
Used EMAs
EMA 200 - Grey Dotted Line
EMA 222 - Pink Dotted Line
Golden Cross
Crossover MA25 + MA200
Death Cross
Crossunder MA25 + MA200
What is a Moving Average (MA) ?
A moving average (MA) is a widely used indicator in technical analysis that helps smooth out price action by filtering out the “noise” from random short-term price fluctuations.
Moving average is a trend-following, or lagging, indicator because it is based on past prices. The most common applications of moving averages are:
to identify the trend direction
to determine support and resistance levels
The two basic and commonly used moving averages are the simple moving average ( SMA ), which is the arithmetic average of a security over a defined number of time periods, and the exponential moving average ( EMA ), which gives greater weight to more recent prices.
What is a Golden Cross?
The golden cross is a candlestick pattern that is a bullish signal in which a relatively short-term moving average crosses above a long-term moving average. The golden cross is a bullish breakout pattern formed from a crossover involving a security's short-term moving average (such as the 15-day moving average) breaking above its long-term moving average (such as the 50-day moving average) or resistance level. As long-term indicators carry more weight, the golden cross indicates a bull market on the horizon and is reinforced by high trading volumes.
What Is a Death Cross?
The death cross is a technical chart pattern indicating the potential for a major selloff. The death cross appears on a chart when a stock’s short-term moving average crosses below its long-term moving average.
Source; Investopedia
Technical RankHello Traders,
Technical Rank (TR) was authored by John Murphy . Technical Rank shows how a security is performing relative to its peers. Multiple moving averages, rate of change and the Relative Strength Index (RSI) indicators are used to calculate the Technical Rank. These values are mathematically manipulated with percentage factors and then summed together. there are 3 parts, long term, middle term and short term. for Long term part Moving Average with length 200 (30%) and Rate of Change with the length 125 (30%) are used, for middle term part, Moving Average with length 50 (15%) and Rate of Change with the length 20 (15%) are used and for short term part, PPO (5%) and RSI (5%) used.
Technical Rank is created using the following formula and weightings:
Long-Term Indicators (weighting): Percent above/below the 200-day exponential moving average (EMA) (30% weight) and the 125-day rate-of-change (ROC) (30% weight).
Medium-Term Indicators (weighting): Percent above/below 50-day EMA (15%) and the 20-day rate-of-change (15%).
Short-Term Indicators (weighting): Three-day slope of percentage price oscillator histogram divided by three (5%) and the relative strength index (5%).
The scripts calculates Technical Rank for 10 different securities and sorts them by Technical Rank value. A ranking of zero indicates the stock is the weakest in the group technically. A rank of 100 indicates the stock ranks highest in terms of technical performance. An increasing Technical Rank means the stock's price performance is showing strength relative to the group of stock being analyzed. A decreasing Technical Rank shows deteriorating relative price performance. Securities in the top 3-4 will have a technical rank of 70 or higher. You should focus on these relatively strong securities for potential long positions on pullbacks. You can also use the technical rank to avoid weak securities (in the bottom 3-4). I recommend you to check Technical Rank for the securities in multiple time frames.
You can choose the symbols as you want but you should choose the symbols with the same session info. for example only Cryptos, only Stocks, only FX pairs etc. (not mix of them).
Enjoy!
BTC and ETH Long strategy - version 2I wrote my first article in May 2020. See below
BTC and ETH Long strategy - version1
After 6 months, it is now time to check the result of my script for the last 6 months.
XBTUSD (4H): 14/05/2020 --> 22/11/2020 = +78% in 4 trades
ETHXBT (4H): 14/05/2020 --> 22/11/2020 = +21% in 9 trades
ETHUSD (4H): 14/05/2020 --> 22/11/2020 = +90% in 6 trades
Using the signals from this strategy to trade manually has shown that this was a bit frustrating because of the low rate of winning trades.
If you have to enter 100 trades and see 75% of them failing and 25% winning, this is frustrating. For sure the strategy makes good money but it is difficult to hold this mentality.
So, I have reviewed and modified it to get a higher winning rate.
After few days of work, tests and validation, I managed to get a wining rate close to 60%.
The key element was also to decrease the number of trades by using a higher time frame. (4H candles instead of 2H candles).
- Entry in position is based on
MACD, EMA (20), SMA (100), SMA (200) moving up
AND EMA (20) > SMA (100)
AND SMA (100) > SMA (200)
- Exit the position if: Stoploss is reached OR EMA (20) crossUnder SMA (100)
The goal of this new script is to be able to follow the signals manually and only make few trades per years.
I have also validated it against some other altcoins where some are giving very good results.
Here are some results for 2020 (from 01/01/2020 until now (22/11/2020). Those results are the one I get when using 4H candles.
ETH/USD: +144% in 8 trades.
BTC/USD: +120% in 7 trades.
ETH/BTC: +33% in 9 trades.
ICX/USD: +123% in 10 trades.
LINK/USD: +155% in 11 trades.
MLN/USD: +388% in 8 trades.
ADA/USD: +180% in 7 trades.
LINK/BTC: +97% in 10 trades.
The best is that above results are without considering compound effect. If you re-invest all gains done in each new trade, this will give you the below results :)
ETH/USD: +189% in 8 trades.
BTC/USD: +260% in 7 trades.
ETH/BTC: +29% in 9 trades.
ICX/USD: +112% in 10 trades.
LINK/USD: +222% in 11 trades.
MLN/USD: +793% in 8 trades.
ADA/USD: +319% in 7 trades.
LINK/BTC: +103% in 10 trades.
As you can see, the results are good and the number of trades for 11 months is not big, which allows the trader to place orders manually.
But still, I'm lazy :), so, I have also coded this strategy in HaasScript language which allows you to automate this strategy using the HaasOnline software specialized in automated crypto trading.
I hope that this strategy will give you ideas or will be the starting point for your own strategy.
Let me know if you need more details.
SALEH All in One Strategythis script is based on MACD strategy
for MACD:
when we have an uptrend ( the price is above the EMA 200) & the macd line cross up the signal line while they are both under the 0 level of histogram it generates buy signals.
when we have a downtrend ( the price is below the EMA 200) & the macd line cross below the signal line while they are both above the 0 level of histogram it generates sell signals.
donchian channel works as a confirmation for the macd signal.
this strategy works best at London session.
feel free to comment
best regards Forexsquad2020
Easy Loot Golden CrossGolden/Death Cross Moving Average Indicator
30, 100 & 200 period Simple Moving Average (SMA).
30 = Yellow
100 = Green
200 = Black
Black crosses mark the 'golden crosses' as well as the 'death crosses'. These black crosses appear when the 30 crosses the 100 & when the 100 crosses the 200. These black crosses don't tell you when to buy/sell, but simply indicate interest in the market.
This code is open-source so feel free to add this indicator to your chart and play around with the different moving average timeframes & color schemes.
Golden Cross
The golden cross occurs when a short-term moving average crosses over a major long-term moving average to the upside and is interpreted by analysts and traders as signaling a definitive upward turn in a market. Basically, the short-term average trends up faster than the long-term average, until they cross.
There are three stages to a golden cross:
A downtrend that eventually ends as selling is depleted
A second stage where the shorter moving average crosses up through the longer moving average
Finally, the continuing uptrend, hopefully leading to higher prices
Death Cross
Conversely, a similar downside moving average crossover constitutes the death cross and is understood to signal a decisive downturn in a market. The death cross occurs when the short term average trends down and crosses the long-term average, basically going in the opposite direction of the golden cross.
The death cross preceded the economic downturns in 1929, 1938, 1974, and 2008.
Market Breadth Indicator (percentage of US stocks above * SMA)This script is a revised version of jchang274's Multi-Sub script.
Add more feature from the original jchang274 script.
1.Compare 4 US STOCK INDEX ( Dowjones 30/NASDAQ100/RUSSELL2000/S&P500 ) in the same index of percentage of stocks above 20 /50/100/200 days simple moving average.
2. Use 4 index of percentage of stocks above 20 /50/100/200 days simple moving average,compare the same stock index ( Dowjones 30/NASDAQ100/RUSSELL2000/S&P500 )
How it begin?
Traders and investors use market breadth in order to assess the index’s overall health. Market breadth can be a reliable, if not an accurate, indicator of an upcoming price rise in the index. Similarly, it can also provide early warning signs for a future price decline.
What is it？
Market breadth indicators analyze the number of stocks advancing relative to those that are declining in a given index or on a stock exchange.
Market breadth refers to how many stocks are participating in a given move in an index or on a stock exchange. An index may be rising yet more than half the stocks in the index are falling because a small number of stocks have such large gains that they drag the whole index higher.
How it works?
Market breadth studies attempt to uncover strength or weakness in the movements of an index that are not visible simply by looking at a chart of the index.
Logistic EMA w/ Signals by DGTLogistic Map Equation - The logistic map connects fluid convection, neuron firing, the Mandelbrot set and so much more.
This study is an attempt to apply Logistic Map Equation in Trading
Logistic Map Equation
Xn+1 = r * Xn * (1 - Xn)
Where,
r - growth rate
Xn - percentage of theoretical maximum of measured event (from 0 to 1)
(1 - Xn) - represents constraints of the environment, presents the idea of negative feedback
For trading the measured event will be the price of the instrument (price is commonly reffered as source in mathematicall forumlations),
hence
r - growth rate can be expressed as => change(source, length) / source, expressing r in such manner mades the equation dynamic with regards to the growth rate
Xn - percentage of theoretical maximum of the price for given duration can be expressed as => source / highest(length)
Putting pieces together we are ready to plot
Printed alone does not seem to provide much useful visualization for trading, in fact not easy to interpret especially when the market is an uptrend
What it has numerically,
Provides a ratio, where sudden changes are much more reflected thanks to negative feedback nature of the logistic equation.
As we know moving average indicators are lagging and the logistic map may fit here to reduce the lag
With this study you will find application of Logistic Map Equation with combination of Exponential Moving Average (EMA)
Logistic EMA (LEMA) and LEMA COLORS
one line with user defined periods of length, where the colors of the line will change automatically depending where the value is compared to 50-100-200 moving average
Multiple LEMAs : optional – three fixed lenght of 50-100-200 period lines
LEMA Signals
Various signals are added by using LEMA and applying some common market approaches. Use with caution and with conjunction of other indicators
Thanks to @allanster for the idea
A fascinating YouTube video explaining the logistic map - “This equation will change how you see the world (the logistic map)”
Disclaimer:
Trading success is all about following your trading strategy and the indicators should fit within your trading strategy, and not to be traded upon solely
The script is for informational and educational purposes only. Use of the script does not constitute professional and/or financial advice. You alone have the sole responsibility of evaluating the script output and risks associated with the use of the script. In exchange for using the script, you agree not to hold dgtrd TradingView user liable for any possible claim for damages arising from any decision you make based on use of the script
CCI & EMA_CROSS_PaydarCCI & EMA_CROSS_Paydar
Hello everyone
This indicator is actually a very efficient oscillator,
This system is a unique combination of indicators CCI and EMA, which of course has special settings, these settings are adjusted as much as possible due to signaling.
As you can see in the picture:
CCI: the two colors line, green and red, are actually the same indicator CCI that I set to 20.
*Note that in index CCI I have set the lines +100 and -100 to +75 and -75 for less error and a stronger signal to sell or buy.
EMA: The white line, which is in the form of steps, is in fact the same indicator of EMA, which I have considered as a value of 9.
_________________________________________________________________________________________________________
Instructions
-> areas:
Zone +75 to +200 = positive range or incremental price or bullish
Zone +75 to -75 = Neutral range or almost constant price (no fluctuations or very wet fluctuations)
Zone -75 to -200 = single range or discount price or bearish
->How to use:
Buy = In the bearish range, if line CCI intersects line EMA upwards and goes to the neutral zone.
None = if the index (or index lines) collide in the neutral zone
Sell = In the bullish range, if line CCI intersects line EMA down and goes to the neutral zone.
-> Please comment on this system or if you have a good experience in changing the values of the indicators or it seems to you, please share.
With great respect to:
Who had published the main idea of this system.
All LinesThe objective of this script is to try to display as many overlay indicators as possible simultaneously while keeping the clutter to a minimum.
--Included are Indicators are--
sma 20 50 100 200
ema 20 50 100 200
High/Low
Bollinger bands upper/lower
Pivot points PP R1 R2 R3 S1 S2 S3
-- For Time periods --
Hour,Day,Week
--- How To Use --
Switch it on when looking for likely support or resistance areas to plot your trade.
The more lines that overlay each other indicate even greater support/resistance at that point
meaning if the price is going down it may bounce up at this area or if the price is going up it may bounce down.
Also the more visible the line the more strength it has to effect the price. This value can be edited in settings by adjusting the power value for each indicator as it can often depend on what you are trading.
--Tips--
If you want to know what the line represents hover your cursor over the dot at the end of the line and a tool tip will appear.
If there are to many circles zoom in the price more to separate them and try to hover again.
TrianglePoint strategyThis is trend following strategy ... when price is trading well above 200 ema and forms a triangle (based on number of bars defined)
BUY
====
when fast ema > 200 ema
check for triangle of last N bars (default set to 9)
EXIT
======
when fast ema crosses down middle term ema
if price reaches above 5% of buy , it changes the color to purple. You can close any time or wait for above signal.
STOP LOSS
=======
stop loss default value set to 5%
Note: No triangle shown on the chart. I will find out how to add the lines to the chart.
Warning
=========
For the use of educational purposes only
