CryptoJJ - SSL indicatorThe SSL indicator with colour change. Tool for spotting trends and finding good entry points. I recommend using it for higher timeframes, from 4h to 1D.
Play with the settings, you can change the moving avarage type, its length, if you prefer having the default
bar colours in your chart, disable the colouring function in the script.
Good luck crypto traders!
CryptoJJ
在脚本中搜索"entry"
SOLARIZED PRICE ENTRY P/LYou can enter in a date, time and quantity of entry and track a P/L on the trade.
LINEdicator - Trendanalysis toolThis indicator creates an trend channel based on an EMA/SMA combo and a Parabolc SAR indicator.
Watch for the peaks and the size of the red/green channel for possible trend change.
Can also be used as an Entry/Exit/Stop-Loss setting tool.
Exit Strategy is important than Entry Strategy!Exit Strategy is important than Entry Strategy!
Simple strategy get large profit!
Revolution Entry IndicatorSimple entry indicator where the entry is decided by the relative strength of each individual candle.
RSI-MTF-Histo-EntryThis indicator gives a histogram of RSI in relation to an ema of the RSI.
The histogram is then smoothed to reduce false signals.
The actualiteit RSI line with overbought/overvols signals can be added or omitted as preferred.
The background can be color coded if the RSI is above or below 50.
Version 2. Added support for MTF. Longer timesframes (1h-3h) tend to give better entry results.
As an example the indicator was added two times, one for the current timeframe and one for a longer timeframe.
MULTIPLE TIME-FRAME STRATEGY(TREND, MOMENTUM, ENTRY) Hey everyone, this is one strategy that I have found profitable over time. It is a multiple time frame strategy that utilizes 3 time-frames. Highest time-frame is the trend, medium time-frame is the momentum and short time-frame is the entry point.
Long Term:
- If closed candle is above entry then we are looking for longs, otherwise we are looking for shorts
Medium Term:
- If Stoch SmoothK is above or below SmoothK and the momentum matches long term trend then we look for entries.
Short Term:
- If a moving average crossover(long)/crossunder(short) occurs then place a trade in the direction of the trend.
Close Trade:
- Trade is closed when the Medium term SmoothK Crosses under/above SmoothD.
You can mess with the settings to get the best Profit Factor / Percent Profit that matches your plan.
Best of luck!
T3 Entry and ExitI made this indicator to give clear entry and exit signals plus give signals when I should add onto my trades with no repainting!! The bottom indicator is set to 34 (the default settings). This gives me my entries and exits as shown by the green and red arrow. I use a 14 period setting for my signals to add onto my trade. If I am in a long trade as shown in the chart above and the 14 period T3EE has a fast line cross under the slow line and then a cross back over and I have not had my signal to close trade yet on the 34 period T3EE I will add to my long position. I cut the size of they order in half with each addition to my position. So if I entered with 2 lots I would add 1 lot with my first signal to add (shown by orange arrow) and then .5 lots with the second signal to add to my position and so on until it is time to close the position. If you day trade avoid entering positions between 4pm est and 9pm est. and the larger the ranges and the more trendy the market the better. Good Luck!!!
If you have any questions let me know :)
Perfect OrderEntry Point
How to Entry
Perfect Order Entry
SMA5,13,21 & EMA75,90,200
Please enjoy your entry
5-Minute Momo StrategyEntry Conditions:
Buy when the short MA crosses above the long MA, RSI confirms no overbought condition, and MACD is bullish.
Sell when the short MA crosses below the long MA, RSI confirms no oversold condition, and MACD is bearish.
Exit Conditions:
Close long positions when the opposite crossover occurs or RSI becomes overbought.
Close short positions when the opposite crossover occurs or RSI becomes oversold.
Stop-Loss and Take-Profit:
Uses ATR-based levels for dynamic stop-loss and take-profit targets.
Visualization:
Plots moving averages, RSI levels, and MACD histogram for easy analysis.
Alerts:
Configurable alerts to notify traders of buy and sell signals.
Entry Percent: EssamThis Pine Script code is designed to perform the task of computing and showcasing the profit percentage, profit value, and the duration for which a specific asset is held, all in real-time. The script effectively leverages the built-in resources to provide a seamless and robust experience, as it presents the calculated figures in an easily readable format on the chart, without causing any lag or disruptions to the chart.
MA_Script- Entry Point : base on MA20, MA50, MA100, MA200.
- Exit Point : base on stop loss, MA and trailing stop.
sa-strategy with HTF-TSLEntry- based on HA close above HMA confirmation done with ST and HTF ATR
Exit- based on close below ATR which works as trailing SL
[MV] %B with SMA + Volume Based Colored Bars
Entry Signal when %B Crosses with SMA and this is more meaningful if it supports colored bars.
Black Bar when prices go down and volume is bigger than 150% of its average, that indicates us price action is supported by a strong bearish volume
Blue Bar when prices go up and volume bigger than 150% of its average, that indicates us price action is supported by a strong bullish volume
VBC author @KIVANCfr3762
FX Sniper: T3-CCI Strategy - With 100 IndicatorsEntry signal when moving above -100, sell signal when going below 100
Amazing Crossover SystemEntry Rules
BUY when the 5 EMA crosses above the 10 EMA from underneath and the RSI crosses above the 50.0 mark from the bottom.
SELL when the 5 EMA crosses below the 10 EMA from the top and the RSI crosses below the 50.0 mark from the top.
Make sure that the RSI did cross 50.0 from the top or bottom and not just ranging tightly around the level.
How to setup Alert:
1) Add the Amazing Crossover System to your chart via Indicators
2) Find your currency pair
3) Set the timeframe on the chart to 1 hour
4) Press 'Alt + A' (create alert shortcut)
5) Set the following criteria for the alert:
Condition = 'Amazing Crossover System', Plot, ' BUY Signal'
The rest of the alert can be customized to your preferences
5) Repeat steps 1 - 4, but set the Condition = 'Amazing Crossover System', Plot, ' SELL Signal'
Onky's DikFat Supreme Supply and Demand Onky's DikFat Supreme Supply and Demand is an essential tool for traders looking to harness the power of Supply and Demand Trading , a strategy based on the fundamental market principle that prices increase when demand exceeds supply and decrease when supply surpasses demand. This indicator helps you pinpoint key Supply and Demand Zones on the chart, acting as high-probability areas for potential market reversals.
Introduction to Supply and Demand Trading
Supply and demand trading is one of the most powerful approaches used by traders across all financial markets, from stocks to forex to commodities. It works on the idea that prices will naturally rise when there is more demand than supply, and fall when there is more supply than demand. Understanding where these zones lie on the chart is critical for making profitable trades. By identifying key support and resistance levels driven by these forces, traders can anticipate price movements with high accuracy.
Benefits of Using Supply & Demand Trading:
Simple Trading Approach : Focus on market structure rather than complex indicators.
High-Probability Trading Setups : Recognize zones where price is likely to reverse.
Minimal Indicators Required : The strategy works on pure price action.
Works Across All Markets : Supply and demand principles apply to stocks, forex, and commodities.
High Accuracy : When implemented correctly, it offers a high degree of precision.
Whether you are just starting or looking to refine your strategy, understanding how to identify supply and demand zones can greatly improve your trading decisions. Here’s how you can begin:
Step 1: Identify Supply and Demand Zones
Before entering trades, it's essential to first identify the Supply and Demand Zones on your chart. These zones act as key support and resistance levels where price is likely to reverse.
Supply Zone : This represents an area where selling pressure exceeds buying pressure, causing the price to drop.
Demand Zone : This marks an area where buying pressure exceeds selling pressure, driving the price upwards.
These zones are crucial for spotting potential turning points in the market. Using Onky's DikFat Supreme Supply and Demand indicator, supply and demand zones are automatically detected, helping you to identify these key levels with ease. The indicator highlights these zones with specific color coding, allowing you to quickly see where price might reverse based on historical price action.
Step 2: Confirm Your Entry and Exit
Once you've identified the supply and demand zones, confirmation is key before entering any trades.
Entry Confirmation :
Look for additional technical indicators and patterns that signal a strong trade setup:
Candlestick Patterns : Bullish engulfing, Piercing Line, and other reversal patterns.
Chart Patterns : Double bottom, Head and Shoulders, and other formations that suggest a market shift.
Momentum Indicators : Use tools like MACD and RSI to confirm the strength of the trend.
Exit Confirmation :
Plan your exits with discipline to maximize your profits and minimize losses:
Stop Loss : Always place stop losses just outside of the supply or demand zone.
Exit Strategies :
Close part of the position at 2x risk and move stop loss to breakeven.
Trail stops below the previous support or resistance levels.
Close the full position using reversal candlestick patterns.
Step 3: Use Effective Risk Management
Incorporating effective Risk Management practices is essential for long-term success in supply and demand trading. Even with a high-probability edge, managing your risk ensures that you protect your capital and make more informed decisions.
Risk Management Best Practices :
Risk 1%-3% Per Trade : For a $10,000 account, risk only $100-$300 per trade.
Position Sizing : Stick to position sizes appropriate for your account size to manage risk effectively.
Set Stop Loss Orders : Always manage your risk with clearly defined stop losses.
Control Emotions : Avoid overtrading, revenge trading, and excessive confidence. Stick to your plan.
By combining supply and demand zones with solid risk management, you can confidently trade the markets and grow your account over time.
Start Applying Supply and Demand
Now that you understand the basics, you can begin applying Supply and Demand trading using the Onky's DikFat Supreme Supply and Demand indicator to detect key zones and high-probability setups. Here’s how to start:
Identify Fresh Supply and Demand Levels : Use the indicator to automatically find the most relevant zones.
Confirm Setups with Additional Signals : Use candlestick patterns, momentum indicators, and chart patterns for entry confirmation.
Manage Risk on Every Trade : Always use proper risk management to ensure you’re protecting your capital.
As you become more proficient in identifying and trading these zones, you will enhance your trading strategy and improve your consistency. Implementing these practices early on will help you grow as a trader and achieve long-term success.
Additional Resources
Price Action and Supply and Demand : A deeper dive into how price action complements supply and demand analysis.
Supply and Demand Trading - The Ultimate Guide : A comprehensive guide to mastering supply and demand trading techniques.
Advanced Supply and Demand Zones : Learn to identify more complex supply and demand zones for greater trading precision.
With the right education, dedication, and a focus on proper risk management, you can successfully trade based on supply and demand principles, no matter your experience level.
3 Candle AlertThis is a test for integration using a webhook. I am publishing it so I can share it. Ultimately, this is what we want to do:
1. Trade Entry Rules:
Wait until at least the 3rd bar of the day (15 minutes after market open) before entering the first trade.
Order of Priority for Entry:
Look for two consecutive volume bars of the same color (the second bar must have higher volume than the first).
Look for a “price push” beyond the high or low of the day (as determined in the first 15 minutes).
2. Trading Direction:
If the volume bars are RED, I take a Long Position.
If the volume bars are GREEN, I take a Short Position.
Big Candle Identifier with RSI Divergence and Advanced Stops1. Strategy Objective
The main goal of this strategy is to:
Identify significant price momentum (big candles).
Enter trades at opportune moments based on market signals (candlestick patterns and RSI divergence).
Limit initial risk through a fixed stop loss.
Maximize profits by using a trailing stop that activates only after the trade moves a specified distance in the profitable direction.
2. Components of the Strategy
A. Big Candle Identification
The strategy identifies big candles as indicators of strong momentum.
A big candle is defined as:
The body (absolute difference between close and open) of the current candle (body0) is larger than the bodies of the last five candles.
The candle is:
Bullish Big Candle: If close > open.
Bearish Big Candle: If open > close.
Purpose: Big candles signal potential continuation or reversal of trends, serving as the primary entry trigger.
B. RSI Divergence
Relative Strength Index (RSI): A momentum oscillator used to detect overbought/oversold conditions and divergence.
Fast RSI: A 5-period RSI, which is more sensitive to short-term price movements.
Slow RSI: A 14-period RSI, which smoothens fluctuations over a longer timeframe.
Divergence: The difference between the fast and slow RSIs.
Positive divergence (divergence > 0): Bullish momentum.
Negative divergence (divergence < 0): Bearish momentum.
Visualization: The divergence is plotted on the chart, helping traders confirm momentum shifts.
C. Stop Loss
Initial Stop Loss:
When entering a trade, an immediate stop loss of 200 points is applied.
This stop loss ensures the maximum risk is capped at a predefined level.
Implementation:
Long Trades: Stop loss is set below the entry price at low - 200 points.
Short Trades: Stop loss is set above the entry price at high + 200 points.
Purpose:
Prevents significant losses if the price moves against the trade immediately after entry.
D. Trailing Stop
The trailing stop is a dynamic risk management tool that adjusts with price movements to lock in profits. Here’s how it works:
Activation Condition:
The trailing stop only starts trailing when the trade moves 200 ticks (profit) in the right direction:
Long Position: close - entry_price >= 200 ticks.
Short Position: entry_price - close >= 200 ticks.
Trailing Logic:
Once activated, the trailing stop:
For Long Positions: Trails behind the price by 150 ticks (trail_stop = close - 150 ticks).
For Short Positions: Trails above the price by 150 ticks (trail_stop = close + 150 ticks).
Exit Condition:
The trade exits automatically if the price touches the trailing stop level.
Purpose:
Ensures profits are locked in as the trade progresses while still allowing room for price fluctuations.
E. Trade Entry Logic
Long Entry:
Triggered when a bullish big candle is identified.
Stop loss is set at low - 200 points.
Short Entry:
Triggered when a bearish big candle is identified.
Stop loss is set at high + 200 points.
F. Trade Exit Logic
Trailing Stop: Automatically exits the trade if the price touches the trailing stop level.
Fixed Stop Loss: Exits the trade if the price hits the predefined stop loss level.
G. 21 EMA
The strategy includes a 21-period Exponential Moving Average (EMA), which acts as a trend filter.
EMA helps visualize the overall market direction:
Price above EMA: Indicates an uptrend.
Price below EMA: Indicates a downtrend.
H. Visualization
Big Candle Identification:
The open and close prices of big candles are plotted for easy reference.
Trailing Stop:
Plotted on the chart to visualize its progression during the trade.
Green Line: Indicates the trailing stop for long positions.
Red Line: Indicates the trailing stop for short positions.
RSI Divergence:
Positive divergence is shown in green.
Negative divergence is shown in red.
3. Key Parameters
trail_start_ticks: The number of ticks required before the trailing stop activates (default: 200 ticks).
trail_distance_ticks: The distance between the trailing stop and price once the trailing stop starts (default: 150 ticks).
initial_stop_loss_points: The fixed stop loss in points applied at entry (default: 200 points).
tick_size: Automatically calculates the minimum tick size for the trading instrument.
4. Workflow of the Strategy
Step 1: Entry Signal
The strategy identifies a big candle (bullish or bearish).
If conditions are met, a trade is entered with a fixed stop loss.
Step 2: Initial Risk Management
The trade starts with an initial stop loss of 200 points.
Step 3: Trailing Stop Activation
If the trade moves 200 ticks in the profitable direction:
The trailing stop is activated and follows the price at a distance of 150 ticks.
Step 4: Exit the Trade
The trade is exited if:
The price hits the trailing stop.
The price hits the initial stop loss.
5. Advantages of the Strategy
Risk Management:
The fixed stop loss ensures that losses are capped.
The trailing stop locks in profits after the trade becomes profitable.
Momentum-Based Entries:
The strategy uses big candles as entry triggers, which often indicate strong price momentum.
Divergence Confirmation:
RSI divergence helps validate momentum and avoid false signals.
Dynamic Profit Protection:
The trailing stop adjusts dynamically, allowing the trade to capture larger moves while protecting gains.
6. Ideal Market Conditions
This strategy performs best in:
Trending Markets:
Big candles and momentum signals are more effective in capturing directional moves.
High Volatility:
Larger price swings improve the probability of reaching the trailing stop activation level (200 ticks).
CalculatePercentageSlTpLibrary "CalculatePercentageSlTp"
This Library calculate the sl and tp amount in percentage
sl_percentage(entry_price, sl_price)
this function calculates the sl value in percentage
Parameters:
entry_price : indicates the entry level
sl_price : indicates the stop loss level
Returns: stop loss in percentage
tp_percentage(entry_price, tp_price)
this function calculates the tp value in percentage
Parameters:
entry_price : indicates the entry level
tp_price : indicates the take profit level
Returns: take profit in percentage
sl_level(entry_price, sl_percentage)
this function calculates the sl level price
Parameters:
entry_price : indicates the entry level
sl_percentage : indicates the stop loss percentage
Returns: stop loss price in $
tp_level(entry_price, tp_percentage)
this function calculates the tp level price
Parameters:
entry_price : indicates the entry level
tp_percentage : indicates the take profit percentage
Returns: take profit price in $
Commission-aware Trade LabelsCommission-aware Trade Labels
Description:
This library provides an easy way to visualize take-profit and stop-loss levels on your chart, taking into account trading commissions. The library calculates and displays the net profit or loss, along with other useful information such as risk/reward ratio, shares, and position size.
Features:
Configurable take-profit and stop-loss prices or percentages.
Set entry amount or shares.
Calculates and displays the risk/reward ratio.
Shows net profit or loss, considering trading commissions.
Customizable label appearance.
Usage:
Add the script to your chart.
Create an Order object for take-profit and stop-loss with desired configurations.
Call target_label() and stop_label() methods for each order object.
Example:
target_order = Order.new(take_profit_price=27483, stop_loss_price=28000, shares=0.2)
stop_order = Order.new(stop_loss_price=29000, shares=1)
target_order.target_label()
stop_order.stop_label()
This script is a powerful tool for visualizing your trading strategy's performance and helps you make better-informed decisions by considering trading commissions in your profit and loss calculations.
Library "tradelabels"
entry_price(this)
Parameters:
this : Order object
@return entry_price
take_profit_price(this)
Parameters:
this : Order object
@return take_profit_price
stop_loss_price(this)
Parameters:
this : Order object
@return stop_loss_price
is_long(this)
Parameters:
this : Order object
@return entry_price
is_short(this)
Parameters:
this : Order object
@return entry_price
percent_to_target(this, target)
Parameters:
this : Order object
target : Target price
@return percent
risk_reward(this)
Parameters:
this : Order object
@return risk_reward_ratio
shares(this)
Parameters:
this : Order object
@return shares
position_size(this)
Parameters:
this : Order object
@return position_size
commission_cost(this, target_price)
Parameters:
this : Order object
@return commission_cost
target_price
net_result(this, target_price)
Parameters:
this : Order object
target_price : The target price to calculate net result for (either take_profit_price or stop_loss_price)
@return net_result
create_take_profit_label(this, prefix, size, offset_x, bg_color, text_color)
Parameters:
this
prefix
size
offset_x
bg_color
text_color
create_stop_loss_label(this, prefix, size, offset_x, bg_color, text_color)
Parameters:
this
prefix
size
offset_x
bg_color
text_color
create_entry_label(this, prefix, size, offset_x, bg_color, text_color)
Parameters:
this
prefix
size
offset_x
bg_color
text_color
create_line(this, target_price, line_color, offset_x, line_style, line_width, draw_entry_line)
Parameters:
this
target_price
line_color
offset_x
line_style
line_width
draw_entry_line
Order
Order
Fields:
entry_price : Entry price
stop_loss_price : Stop loss price
stop_loss_percent : Stop loss percent, default 2%
take_profit_price : Take profit price
take_profit_percent : Take profit percent, default 6%
entry_amount : Entry amount, default 5000$
shares : Shares
commission : Commission, default 0.04%
SnowdexUtilsLibrary "SnowdexUtils"
the various function that often use when create a strategy trading.
f_backtesting_date(train_start_date, train_end_date, test_date, deploy_date)
Backtesting within a specific window based on deployment and testing dates.
Parameters:
train_start_date (int) : the start date for training the strategy.
train_end_date (int) : the end date for training the strategy.
test_date (bool) : if true, backtests within the period from `train_end_date` to the current time.
deploy_date (bool) : if true, the strategy backtests up to the current time.
Returns: given time falls within the specified window for backtesting.
f_init_ma(ma_type, source, length)
Initializes a moving average based on the specified type.
Parameters:
ma_type (simple string) : the type of moving average (e.g., "RMA", "EMA", "SMA", "WMA").
source (float) : the input series for the moving average calculation.
length (simple int) : the length of the moving average window.
Returns: the calculated moving average value.
f_init_tp(side, entry_price, rr, sl_open_position)
Calculates the target profit based on entry price, risk-reward ratio, and stop loss. The formula is `tp = entry price + (rr * (entry price - stop loss))`.
Parameters:
side (bool) : the trading side (true for long, false for short).
entry_price (float) : the entry price of the position.
rr (float) : the risk-reward ratio.
sl_open_position (float) : the stop loss price for the open position.
Returns: the calculated target profit value.
f_round_up(number, decimals)
Rounds up a number to a specified number of decimals.
Parameters:
number (float)
decimals (int)
Returns: The rounded-up number.
f_get_pip_size()
Calculates the pip size for the current instrument.
Returns: Pip size adjusted for Forex instruments or 1 for others.
f_table_get_position(value)
Maps a string to a table position constant.
Parameters:
value (string) : String representing the desired position (e.g., "Top Right").
Returns: The corresponding position constant or `na` for invalid values.
