The Pinescripters Backtesting and Trading Engine is a sophisticated framework with hybrid code that can run as a study to generate alerts for automated or discretionary trading while simultaneously providing backtest results. It can also easily be converted to a TradingView strategy in order to run TV backtesting. The Engine comes with many built-in strats for...
I didn't see this one already it isn't my original idea either. I pulled the formula's from an article on medium, I also added few bear market bottom fib indicators.
Credit to the article I pulled the formula from.
The Golden Ratio Multiplier
Unlocking the mathematically organic nature of Bitcoin adoption
Go to the profile of Philip Swift...
This is a complementary script for my previous RSI indicator
You have a BUY and SELL signals here and 3 methods of their interpretations:
- indicator is leaving the over-bought/sold areas
- indicator is entering the over-bought/sold areas
- indicator changes its direction from...
Most financial markets tend to trade within a reasonable range between 60-75% of the time (don't ask for a reference because I couldn't find it), so swing trading with a trend isn't always viable -- so how do we take money out of the market?
If you're familiar with scalping low time frames for 20 or 30 ticks, you'll know how difficult it is to time your entry and...
This is an indicator that draws support and resistance zones / levels based on price action in and around Keltner Channels.
There are 3 different modes;
Draw zones based on price breaking the upper band
Draw zones based on price breaking the lower band
Draw zones if price stays within the bands for a prolonged period of time.
You can also decide if you...
This study plots sentiment data from Longs vs Shorts reported at Bitfinex and the Funding Interest Rate that applies at Bitmex.
The indicator includes 4 visualization modes:
Overlapped Areas: Plots Longs and Shorts overlapping each other
Opposed Areas: Displays Longs as positive values and Shorts as negative.
Cloud: Highlights the difference between Longs and...
The main Consideration of a trader is when to buy and when not to buy:
My new indicator answers to the both questions:
In Daily time frame
1) consider the stock when the trend line is green
2) Buy when more than 2 supports are detected
3) Sell as the trend line gets red
4) Repeat the loop.
God Bless all traders
Wasabi Tool+: BTC Dominance (Top 15 Coins without Stable Coins)
This indicator is to show the valid and correct bitcoin dominance among the top 15 coins except stable coins.
The line in orange is the original BTC dominance provided by TradingView whereas the line in black is what this indicator illustrates as a correct and valid BTC dominance.
As of now, it looks...
Custom momentum oscillators combined with a custom type of regression to find entries and exits.
Green arrow = long entry/buy
green circle = long exit/hedge into USD
vice versa for red arrows and circles
No risk management/strategy/backtesting done yet. Purely indicator form so far.
Enjoy!
This indicator is the work of the Cracking Cryptocurrency Premium Trading Group. This indicator is only available to Premium Subscribers. If you would like to trade along with us and have access to our Analysts, Signals, Analysis, and Education please Join Our Free Community!
Pathways to Profit Compliant Indicator
I designed this indicator to be congruent with...
This indicator is to show how much more Bitcoin Longs exist in comparison to Bitcoin Shorts in percent.
It is calculated as * 100 (%)
By default, the indicator displays the Longs-Shorts ratio. You can also show the actual Bitcoin Longs and Shorts numbers instead by disabling 'Show Longs-Shorts Ratio' in the settings. In this case, the Longs are in green and...
After using many different divergence scripts, I struggled to find one that didn't indiscriminately signal a constant divergence while the price was trending.
This study attempts to solve this issue, along with filtering out false signals. I have found it to print less signals and to be more accurate.
It also gives you a confluence level between high probability...
![SPX500USD: Backtesting & Trading Engine [Pinescripters]](https://s3.tradingview.com/d/dYqL95JB_mid.png "Backtesting & Trading Engine [Pinescripters]")
