Make this version of the famous WaveTrend indicator has the following characteristics:
- WaveTrend direction detection
- Customizable overbought and oversold level (set by default just like the original version)
- Possibility to modify the length of the channel (set by default same as the original version)
- Possibility of modifying mobile period (set by default...
Accidentally, I’m sharing open-source profitable Forex strategy. Accidentally, because this was aimed to be purely educational material. A few days ago TradingView released a very powerful feature of dynamic values from PineScript now being allowed to be passed in Alerts. And thanks to TradingConnector, they could be instantly executed in MT4 or MT5 platform of...
Hello traders
Hope you're all doing well
This script is a generic cloud generator using a pre-selected set of moving averages (I probably forgot a lot but listed all the ones I used at least once).
A cloud is a visual representation of the gap between two moving averages - it shows right away how big in that gap (=how far they are from each other)
The challenge...
This is an alerts script for my Super Trend 2.0 indicator. It is intended as a companion script so you can backtest using the Strategy script and generate alerts using this Study script.
This Study script has the same default settings as the Strategy script and its only purpose is to provide alerts for the long and short signals the Strategy generates. Obviously,...
Hello traders
Continuing deeper and stronger with the screeners serie. I keep getting requests private messages and requests saying that screeners aren't possible with TradingView.
My answer is always... "Reallyyy ??" (I never find a better answer than that...)
I'll publish a few screeners just for everyone to understand what can be done with Pinescript. We...
Hello traders
Continuing deeper and stronger with the screeners' educational serie one more time (#daft #punk #private #joke)
We don't have to wait for TradingView to allow screener based on custom indicator - we can build our own ^^
I - Long Terms concept
I had the idea from @scarff....
This is a simple study that combines MFI and RSI and provides buy/sell alerts.
The red lines are MFI.
the blue lines are RSI.
Boundries are colored as the indicators and are user configurable.
Black triabgles are buy/sell points when both MFI and RSI are overbought/sold.
Early/Delayed Signal Function (before the bar close or after)
Usually, signals are considered to be valid at the bar close.
Some traders may prefer to have a chance to enter earlier.
It is of great risk, and the Strategy Tester is unable to provide consistent backtest data with regards to this.
But for those who want to integrate such a choice in their...
There's many versions of this sort of thing around the Tradingview library, but i guess we all like things to our own specifications.
So this is my take on the SMA and EMA version combined.
Bunch of SMA's & EMA's, with labels, and G&D Cross Labels and Alerts.
These values can of course be changed to any you may prefer.
Rhapsodyy's Combo SMAEMA's v1.1
SMA's...
study 9-13
version 1.0
Part1. Setup.
Red (Buy Setup) and Green(Sell Setup) numbers above the bar.
Count consecutive close less/above 4 bars before.
Part2. Countdown.
Red/Green Arrow + S (Simple Countdown) / A (Aggressive Countdown) + C (Combo Countdown) below the bar.
Part3. Trend.
Red/Green circles on the chart.
Part4. Risk.
Black(Setup), Blue(Countdown),...
Relative Volume or RVOL is an indicator used to help determine the amount of volume change over a given period of time.
It is often used to help traders determine how in-play a ticker is.
General rule of thumb is the higher the RVOL, the more in play a stock is.
I myself like to use it as a substitute of the volume indicator itself.
Basic Calculation:
Relative...
This is my MACD strategy but in indicator format so I can include alerts. The default settings are the same as in the strategy. The long and short conditions that the alerts are attached to are when the delta (usually illustrated as the histogram) crosses above or below the zero line respectively. There is one alert for long, one for short.
Hello ladies and gentlemen
I'm back in my (almost daily) publishing challenge - to educate/show pinescript not commonly known tips
↑ Trend Direction ↓
Remember that script ?
I often use it to detect higher highs or lower lows. When an oblique/diagonal breaks, it indicates that a trend may move in the opposite direction.
Combining this along with other momentum...
A gift from me to all.
This script is developed to find Divergences for many indicators. it analyses divergences and then draws line on the graph. red for negatif, lime for positive divergences.
Currently script checks divergence for RSI, MACD, MACD Histogram, Stochastic, CCI, Momentum, OBV, Diosc, VWMACD and CMF indicators. You can use some or all of these...
This indicator is an implementation of the Bollinger Band and Awesome Oscillator Scalping system.
This technique is for those who want the most simple method that is very effective. It is BEST traded during the busiest trading hours, 3am to 12am EST NY time. This method doesn't work in sideways markets, only in volatile trending markets.
Time Frames: 1, 5, 10,...
See when two moving averages cross. With the option to choose between four moving average calculations:
SMA = simple moving average
EMA = exponential moving average (default)
WMA = weighted moving average
Linear = linear regression
The moving averages can be plotted from different time-frames, like e.g. the weekly or 4 hour time-frame using HL2, HLC3 or OHLC4...
![BBVA: S&C 913 [open source]](https://s3.tradingview.com/u/Uk5NVsp7_mid.png "S&C 913 [open source]")
