Crossover Alerts for Yesterday O/H/L/C , Today Vwap [Zero54]This is a very simple script/indicator that trigger alerts every time the script triggers the following conditions.
1) Script crosses yesterday's (previous day's) high
2) Script crosses yesterday's (previous day's) low
3) Script crosses yesterday's (previous day's) open
4) Script crosses yesterday's (previous day's) close
5) Script crosses today's vwap.
I developed this to keep track of the scripts I follow and I find it useful. Hope you will find it useful too.
Steps to use:
1) Open the ticker for which you want to set the alerts.
2) Add this indicator to the chart.
3) Right Click on the text and set choose "Add Alert"
4) After you have done with setting up the alert, feel free to remove the indicator from the chart. It is not necessary for the indicator to be added in the chart in order for it to work.
5) Repeat 1-4 for all the scripts for which you want to set the alerts.
Be advised: During market open, if you have set alerts for multiple scripts, a tsunami of alerts may be triggered.
If you like this alert indicator, please like/boost it. Feel free to re-use this code however you may wish to. Cheers!
Alertsignals
Squeeze Momentum Strategy [LazyBear] Buy Sell TP SL Alerts-Modified version of Squeeze Momentum Indicator by @LazyBear.
-Converted to version 5,
-Taken inspiration from @KivancOzbilgic for its buy sell calculations,
-Used @Bunghole strategy template with Take Profit, Stop Loss and Enable/Disable Toggles
-Added Custom Date Backtesting Module
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All credit goes to above
Problem with original version:
The original Squeeze Momentum Strategy did not have buy sell signals and there was alot of confusion as to when to enter and exit.
There was no proper strategy that would allow backtesting on which further analysis could be carried out.
There are 3 aspects this strategy:
1 ) Strategy Logic (easily toggleable from the dropdown menu from strategy settings)
- LazyBear (I have made this simple by using Kivanc technique of Momentums Moving Average Crossover, BUY when MA cross above signal line, SELL when crossdown signal line)
- Zero Crossover Line (BUY signal when crossover zero line, and SELL crossdown zero line)
2) Long Short TP and SL
- In strategies there is usually only 1 SL and 1 TP, and it is assumed that if a 2% SL giving a good profit %, then it would be best for both long and short. However this is not the case for many. Many markets/pairs, go down with much more speed then they go up with. Hence once we have a profitable backtesting setting, then we should start optimizing Long and Short SL's seperately. Once that is done, we should start optimizing for Long and Short TP's separately, starting with Longs first in both cases.
3) Enable and Disable Toggles of Long and Short Trades
- Many markets dont allow short trades, or are not suitable for short trades. In this case it would be much more feasible to disable "Short" Trading and see results of Long Only as a built in graphic view of backtestor provides a more easy to understand data feed as compared to the performance summary in which you have to review long and short profitability separately.
4) Custom Data Backtesting
- One of most crucial aspects while optimizing for backtesting is to check a strategies performance on uptrends, downtrend and sideways markets seperately as to understand the weak points of strategy.
- Once you enable custom date backtesting, you will see lines on the chart which can be dragged left right based on where you want to start and end the backtesting from and to.
Note:
- Not a financial advise
- Open to feedback, questions, improvements, errors etc.
- More info on how the squeeze momentum works visit LazyBear indicator link:
Happy Trading!
Cheers
M Tahreem Alam @mtahreemalam
Signal generatorThis simple script generates signals for testing the connection from TradingView to a REST API client via the webhook and demonstrates very basic concepts of gerenating alerts within the script.
This script also demonstrates how to visualize when a buy or a sell should take place and how to use diagnostics text for bug fixes/informational purposes.
This is for testing and learning only. Do not use with real money as losses WILL occur. This script is for educational purposes only and should only be used with demo accounts, never with real money .
Buy signals are generated when closing price is less then opening price.
Sell Signals are generated when closing price is greater then opening price.
Can also be used to test signal counting and very rudimentary dollar cost averaging.
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!
Custom Screener with Alerts V2 [QuantNomad]TradingView just recently announced the alert() function that allows you to create dynamic alerts from both strategies and studies.
So I decided to update custom screener I published before. It was based on alerts from orders in strategies, that was the only way to create dynamic alerts in PineScript at that point.
With the alert() function code become cleaner and more readable.
It works for up to 40 symbols at the same time.
You can create an alert from it easily by selecting screener name from the list and then selecting "Any alert() function call".
No additional configuration is required, message and alert on close I set up in the code.
I created as an example a screener that tracks both overbought (RSI > 70) and oversold stocks (RSI < 30).
To create your own screener you have to change only screenerFunc().
By design it should output 2 values:
cond - True/False Boolean variable. Should this instrument be displayed in the screener?
value - Additional numeric value you can display in your screener. I display RSI level for selected stocks for example.
Link to the old screener:
Disclaimer
Please remember that past performance may not be indicative of future results.
Due to various factors, including changing market conditions, the strategy may no longer perform as good as in historical backtesting.
This post and the script don’t provide any financial advice.
Fancy strategy alerts example [QuantNomad]Alerts on strategies were introduced just recently in TradingView.
These alerts have an alert_message placeholder which allows you to compose in PineScript very complex alerts and insert quite a lot of information in them.
This is just very simple example of how they can look like.
BEST Ultimate Engulfing ScreenerHello 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 don't have to wait for TradingView to allow screener based on custom indicator - we can build our own ^^
I - What is an engulfing pattern
Let's start with a screener to check for a very famous candlestick pattern called engulfing
Engulfing candles tend to signal a reversal of the current trend in the market. This specific pattern involves two candles with the latter candle ‘engulfing’ the entire body of the candle before it.
The engulfing candle can be bullish or bearish depending on where it forms in relation to the existing trend
Source and more info here
These engulfing candles indicate a strong shift in direction, and when combined with observation of the price-trending direction that precedes it, this shift creates the opportunity for a trading strategy.
II - How did I set the screener
I added an optional filter being Price vs SMA. The idea is to select only the engulfing whenever the price also breaks an SMA - this usually translates a stronger move - but could sometimes give the signal too late (#meh #trading #ain't #easy)
The visual signals are as follow:
- square: whenever the engine detects an engulfing and an SMA breakout
- triangle: the engine only detects an engulfing
- dash: none of the above
Then the colors are:
- orange when bullish
- yellow when bearish
- aqua/dash when none of the above
Cool Hacks
"But sir... what can we do with only 5 instruments for a screener?" I agree not much but...
even if I allow only 5 instruments per indicator - nothing prevents you from adding multiple times the same indicator and changing the selected instruments for each. I also show why the SPX500 gave a yellow triangle (bearish engulfing) and how to match it with the screener.
=> imgur.com
Wishing you all the BEST trading
Dave
Philakone 55 EMA Swing Trading StrategyThis strategy was inspired by Philkone Crypto's "Lesson 12: Let's Learn Advanced 55 EMA Strategy" video.
steemit.com
Supports Buy and Sell Condition alerts and displays arrows on the chart.
