Prophit Ninja: Hidden ScrollStay ahead of the markets moves with "Prophit Ninja: Hidden Scroll".
Our legendary senseis have mastered the arts of wielding the Katana and Shuriken over many decades of focused practice and distilled their systems and techniques down to their most vital form- storing their knowledge in this ancient scroll for easy adoption by any ninja practiced enough to be able to decipher it.
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█ INTERPRETATION
Each sub-indicator in this package can be used as a confirmation tool to check your bias and give you a more informed decision as they all take into account every reading shown and not shown being calculated across all Prophit Ninja packages. A sentiment rating below the candle shows bullish bias while a green color emphasizes bullish strength- a sentiment rating above the candle shows bearish bias while a red color emphasizes bearish strength- gold color signifies a strong turn in the market while grey/dark grey is a weak reading. A green trend sensei reading is bullish- while a red trend sensei reading is bearish. A green bull trade sensei label signifies a possible bullish trade set up, while a red bear label trade sensei signifies a possible bearish trade set up. Stat sensei gives you tick by tick multi-time frame readings to always keep you aware of the exact environment you're in. Lastly risk sensei will give you the most optimal least risk trade set-up based on user defined variables and give you tick by tick readings of your trade status. This can be used as a standalone decision-maker, or used in confluence with other indicator packages in our Prophit Ninja bundle to get higher precision.
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█ OVERVIEW
1 — Sentiment Sensei: A toggle-able tick by tick rating system (0-100%) for each candle based on over 100 individual readings .
2 — Trend Sensei: A toggle-able background coloring that easily shows you the trend bias behind the moves.
3 — Trade Sensei: A toggle-able trade finder that finds confluent trade set-ups to give you the upper hand.
4 — Stat Sensei: A toggle-able multi-time frame candle progress tracker with a built in trend bias and price/volume/momentum change/ratio trackers.
5 — Risk Sensei: A toggle-able risk manager with two variations of auto profit target zones , three variations of trailing stop losses , a win/loss tracker , trade duration timer and all the information you need to stay updated with the status of your trade at a glance whether long or short.
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█ EASY CUSTOMIZATION
i.imgur.com
With a fully customizable and easy-to-use input menu , this indicator gives you the ability to tailor your trading experience to your needs and see as much (or as little) information as you want to; presented in the manner you deem most viable with the following options in just a few clicks:
Indicator Package- This option allows you to switch between the four display modes available so in any moment you can completely change the metrics you’re reading in just two clicks. This allows you the ability to make decisions based on not only what you’re comfortable with; but also to find confirmation or disagreement with other systems instantly.
Color Theme- There are four color themes available which include original, colorful, monochrome and solid. These not only allow you a quick and easy way to change the colors to suit your style; they also make it so you can challenge your bias in an instant by viewing the data in a completely different way.
Dual Attack Modes- Whether you’re a scalper, day trader, swing trader, or investor; this option allows you to see the chart based on four different risk tolerance/time expectancy mentalities for the Katana and Shuriken separately in just two clicks. Investors can see what the scalpers are thinking and vice/versa to broaden their decision making and/or hone in when optimal.
Dual Sharpness Levels- This algorithm allows the user to display the data on five different smoothness levels for the Katana and Shuriken separately without suffering the inherent lag that accompanies most other indicators. Whether you like to see every tick of a choppy movement, or filter out the false signals into smooth readings, you can do so at any moment.
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█ RISK SENSEI EXAMPLE
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█ PRE-BUILT ALERTS
With Prophit Ninja: Hidden Scroll's built-in alerts you can enable alerts for any piece of the Hidden Scrollin just a few clicks. These alerts are way more specific and optimized than you can possibly achieve with the custom alert settings. Each checking for multiple possible activation triggers instead of one and populating the message field automatically so you can just click create.
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As you can see; this ancient scroll has the ability to adapt to any reader or adversary and give those in control of its power the upper hand. Any mode of battle, any opponent, any circumstance- 'Prophit Ninja: Hidden Scroll' was polished by our finest artists to inform any reader and make sure they know when to attack, defend or simply allow the fight to play out by its easy-to-read coloring system. As long as you learn the techniques you'll have a much better chance of making the right decision than when you didn't.
This state-of-the-art tool is great for experienced traders, those who just started learning to trade, or anyone in between- truly made to suit the needs of any trader, in any moment, with any mindset (along with the other indicators in our Prophit Ninja bundle) you'll notice an immediate improvement in your market dexterity after learning it.
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*everything displayed is part of the Prophit Ninja indicator bundle; this is an otherwise blank chart*
Trailingstop
IZCI [xaurr]Yet another trailing stop loss script, using optional percentage or atr values to follow the last price.
Green area: bullish , long
Red area: bearish, short
IZCI means trailing in Turkish.
If you find it usefull, please like it.
Good Luck :)
B3 PSAR v4This is an update to Pinescript version 4 for one of my oldest indicators, Parabolic Stop and Reverse.
The indicator math and algorithm has not been modified, but the stylization and usage has improved.
Added:
Bar-coloring = User sets the up and down colors in user interface style menu.
Inputs = The two inputs' up-down arrows now increment by thousandths & hundredths respectively. This is a vast improvement! Just leave the UI up when fishing for a value and watch the chart change.
Alerts!!! = Set your alerts to "B3 PSAR" then "Any alert() function call" in your Alerts User Interface; and you can also quickly turn alerts on/off in the PSAR indicator's UI.
Important Note:
TradingView has a version of PSAR, and you may find other scripters make the indicator as well.
People make claims on what math or algorithm is correct and what were Wilder's intentions for the indicator.
I am not interested in the theory, MY VERSION OF PSAR MATCHES OTHER PLATFORMS' CHART RESULTS for their native PSAR (Tradestation, TOS, etc). ;-)
Text copied from the obsolete posts:
Version 1 notes:
I have seen Parabolic SAR done several ways in the past and on several platforms. I have a few trailing systems I use to have a time-affected stop, meaning that as time goes, the way the stop works changes. In this method, you have a stop starting off of the high or low at the time of the cross of the previous stop, giving you a binary flipping agent. I like the usage of this system upon trendy action, however, in sideways action, the indicator flips back and forth with no pertinence. The flat lines represent the last price that was crossed, and as the PSAR crosses the line you essentially lock in profits in the trend.
Version 2 notes:
The minimum value inputs for acceleration and limiter inputs have been set to zero, by P.M. request.
Open Range Breakout with TSLThis ORB with TSL Indicator Session Time is Indian NSE and BSE Equity Market
This indicator Provide you 2 type Setup
Opening Range Plot Only for Observation
1st Range Breakout = Long
2nd Range Breakout = Short
How to work This Indicator?
When Market is Open This Indicator automatically Plot Opening Range High and Low,
if Market bullish & Candle Close above Opening Range high When This Indicator automatically Plot 1st Range High and Low if You Want to 1st Range High Plot Crossingup any Candle You can Also Add Alerts
if Market Bearish & Candle Close Below Opening Range Low When This Indicator automatically Plot 2nd Range High and Low if You Want to 2nd Range Low Plot CrossingDown any Candle You can Also Add Alerts
If you Have any Suggestion please mention here
Thank you so much
This Also Automatically start trailing SL on basis of ATR
Gann HiLo Activator [CC]The HiLo Activator was created by W.D. Gann and I was surprised to not see more of his technical indicators on here. I will start adding more of his indicators on here if I get more interest. This is the original version of the indicator that performs like a trailing stop that also works well as a trend line. Buy when the line turns green and sell when it turns red.
Let me know if there are any other indicators you want me to publish!
Study Backtester [MS]Backtest your study like a strategy with our Study Backtester. Visualize your script's performance directly on the chart.
Simple to use, copy-paste a few lines of code (shown below) into your script, then set your script as input to the Study Backtester.
Visualize how your script performs against buy-and-hold over time, and get a nice print out of stats.
Settings
Set your buy and sell signal inputs
Add a stop loss
Choose normal or trailing stop loss
Choose the start date and time for backtesting
Set trading commissions
Use leverage or not
Set carry cost for leveraged trades
Version 1
Only supports buy-sell-buy-sell alternating signals. Any non-alternating signals will be ignored.
Testing begins with 1 share of the asset at your first buy signal.
Things To Note
This cannot enter or exit mid-candle. With the exception of the stop loss feature, which will calculate exits at the exact stop price.
Stops are not treated as stop-orders, but as market-exists at the stop (or trailing stop) price.
This DOES NOT take into account any loss of funds due to liquidation if price goes against you in a margin position.
Short positions are not currently supported.
Only `study` scripts are supported
How To Use
1) Add the following to the bottom your study's code.
//------------------------------------------------------------------------------
// FOR BACKTESTER
plot(buy ? 1 : sell ? -1 : na, title="Signals", display=display.none, editable=false)
2) Make sure `buy` and `sell` variables are assigned appropriately according to your strategy.
3) Add both your study and this script to your chart.
4) Set the "Signals Plot" setting of this script to: : Signals
5) Adjust this script's settings (start date, commission, stoploss, etc) as necessary.
PM us with any questions about this script.
[KL] Bollinger bands + RSI StrategyThis strategy is based on two of my previous scripts, one called “RSI14 + 10”; the other one called “Bollinger Bands Consolidation”. At its core, it combines the main setups from each of those two scripts but excludes the auxiliary features that were considered as experimental. This strategy will identify periods of squeeze, and then enter long during consolidation with a trailing stop loss set.
Primary indicator will be the Bollinger Bands. By comparing the width of the BBs with the ATR of the same lookback period (i.e. 2 standard deviations of the 20 recent closing prices vs ATR(20) x2), we begin to look for confirmation for entry whenever the standard deviation of prices is less than the ATR. This can be seen visually in the plots (i.e. default gray lines representing ATRx2 relative to BB center line).
Confirmation for entry will be the RSIs (slow-14, and fast-10). If both are upward sloping, then we assume prices are in an uptrend and may eventually break above upper band. RSIs are typically in mid-range when prices are consolidating, therefore no need to measure it.
Exits will happen in two cases, (1) when trailing stop loss hits, or (2) when RSIs signal that the instrument is overbought. No. 1 is self-explanatory. No. 2 happens, when RSI14 reaches above 70 (can be changed), followed by RSI10 catching up and surpassing RSI14.
[KL] Bollinger Bands Consolidation StrategyThis strategy will enter into long position based on the volatility of prices implied by indicators of (a) Bollinger bands, and (b) ATR.
Application of Bollinger bands ("BOLL")
Using plain vanilla settings for BOLL (i.e. 20 period moving average, and 2 standard deviations of closing prices), we are interested to know about the shape of the area that is bounded by the upper and lower bands.
In theory, consolidation happens when volatility of price decreases. Visually speaking, this is represented by the narrowing of the upper/lower bands. This strategy considers the narrowing of BOLL bands as the primary indicator for long-entry.
Application of ATRs (as confirmations)
Firstly, to confirm that BOLL bands are narrowing (as mentioned above), the ATR at a potential point of entry is compared against the standard deviation of prices over BOLL's lookback periods. Once again, visualizing the shape of BOLL bands during consolidation, we assume the lines begin to squeeze when the distance between the center line and upper/lower band is less than two current ATRs.
Secondly, this strategy looks into the moving average of ATRs to assure that prices are not too choppy when entering into market. If the moving average of ATR decreases at a point in time such that all the above conditions are met, then we can assert that the volatility of price is decreasing.
Thirdly, ATR is used for determining the size of our trailing stop loss. We will keep the multiplier fixed at two.
ATR trailing Stop Loss tight to slack [Takazudo]This is a demo of ATR based trailing Stop Loss.
This SL strategy uses 2 types of ATR based SL.
tight SL as initial (ATR * 1.5)
slack SL as trailing (ATR * 4)
When any entry singal occurs by the buy/sell conditions, this SL strategy uses the "tight SL" as the initial SL.
Then the SL will chase the price as trailing SL. However, this strategy uses the "slack SL" in this trailing phase.
So you can set the tight SL first.
Then SL will chase the price as the slack one.
Note: The entry strategy in this script is not intented to win. Check the result. Be careful. Just a module of my strategy.
(IK) Stoch-60-15This strategy uses 60 minute and 15 minute stochastic data to determine entry and exit; it only executes long trades. I've only used this on BTC/USD, but I imagine the concepts employed should hold for any ticker
The script builds a simple Stochastic indicator for the current timeframe, and it also plots a single stochastic line for a higher resolution time frame. I've found good results trading on 15 minutes with a 60 minute higher resolution.
We enter a trade if the higher resolution stochastic is in an uptrend, if the current resolution stochastic is in an uptrend, and if the current stochastic value is less than 50.
We exit a trade when the current stochastic value crosses below 80 or the trailing stop loss is hit.
Stop loss is calculated with the input value, Stop Loss Percent. This value represents the percent of capital you're willing to lose before exiting a trade. A stop loss percent of 0.050 means your trade will exit if it falls 5% from the highest high since entering a trade. You will have at least 95% of your original capital left. There is no option to change a trailing stop loss to a set stop loss (in order to keep the code as simple as possible), however, you can turn it off by setting Stop Loss Percent to 1.
I tried to keep the script itself lightweight and very easy to understand, so it's not very customizable in regards to input options. You can change stochastic data, as well as the trailing stop percentage. The script can be adjusted to other timeframes, however this requires a small change in the code (details in script comments). Changing just the "Higher Resolution" input will not produce expected results
My hope is that by keeping it lightweight and simple, it will be easier for you to adjust to your specific needs, or work into a larger strategy.
[KL] RSI 14 + 10 StrategyThis strategy uses RSI14 for entry and exit signals; applies RSI10 for confirmation. The thresholds can adjusted in Settings.
Trailing stop can also be applied if wanted.
Tested on daily/hourly charts.
[KL] BOLL + MACD Strategy v2 (published)This strategy will look for opportunities when price touches the lower Bollinger band, then enters Long when it anticipates a MACD crossover signal.
Setup: on 1-day chart interval
Exits when either (a) hitting trailing stop loss, or (b) meeting risk-to-reward, if defined by user.
Cyatophilum Strategy BuilderAn indicator to create strategies, backtest and setup alerts.
The user can choose one or multiple TA entry conditions, if more than one the conditions are combined with a logical AND.
The entries will open up a trade, which is then handled by a risk management system including Trailing Stop, Take Profit and up to 100 Safety Orders.
This indicator can be used to backtest 3commas DCA bots who are using TA presets, RSI or ULT.
Its main goal is to create strategies by combining indicators.
Let's dive into the details of what's included:
Entry Condition: MACD
Triggers an entry when macd crosses with the signal line.
Configure the fast, slow length, signal smoothing and timeframe to trigger the condition.
Entry Condition: RSI
Triggers an entry when the RSI is higher or lower than the long/short threshold.
Configure the length, timeframe, long and short threshold to trigger the condition.
Entry Condition: ULT (Ultimate Oscillator)
Triggers an entry when the ULT is higher or lower than the long/short threshold.
Configure the 3 lengths, timeframe, long and short threshold to trigger the condition.
Entry Condition: Bollinger Bands
Triggers an entry when the price is above the upper band for long and below the lower band for short.
Configure the length, standard deviation and timeframe to trigger the condition.
Entry Condition: MFI (Money Flow Index)
Similar to RSI, it triggers an entry when the MFI is higher or lower than the long/short threshold.
Configure the length, timeframe, long and short threshold to trigger the condition.
Entry Condition: CCI (Commodity Channel Index)
Another oscillator that triggers an entry when its value is higher or lower than the long/short threshold.
Configure the length, timeframe, long and short threshold to trigger the condition.
Trend Filters
Use one or two trendlines to filter your trades: go only long/short when the trendline is bullish/bearish.
Choose between the several trendlines: ema, sma, wma, hull ma, kama, alma, rma, swma, vwma, Tilson T3, and the unique Adaptive T3 and Adaptive Hull MA.
If this is not enough, you can use the external trendline feature to plug in any other indicator for your trendline.
The second trendline can be MTF and come from another symbol if needed.
Combining Indicators
Most of the time we will not be using a single indicator at a time, but instead, combine them in order to get stronger entries.
The entry conditions are combined using a AND logical gate, meaning all conditions must be true for the entry to trigger.
Here is an example using a combination of 2 indicators: Bollinger Bands and RSI.
We can see less entries are being triggered on the bottom chart than on the top chart because the bottom chart is combining the 2 indicators while the top chart is only using Bollinger Bands.
You can combine up to all 6 indicators if you want, but keep in mind that combining too many may lead to triggering no entry at all.
Risk Management and Trade system
The indicator will not trigger more than one long or short entry in a row.
To start a new trade, the indicator will wait for either take profit, stop loss or an opposite entry if no SL and TP is set.
Stop Loss and Take Profit
Configure your stop loss and take profit for long and short trades.
You can also make a trailing stoploss and a trailing take profit.
Safety Orders
Just like 3commas bots, you can create a strategy with up to 100 safety orders.
Configure their placement and order size using the price deviation, step scale, take profit type (from base order or total volume), and volume scale settings.
Note: only the 20 first safety order steps or so will be plotted due to graphic limiations. The steps after that still trigger alerts and backtest results.
Creating Alerts
The indicator is using the newest alert system:
1. Write your alert messages in the indicator settings (alert section at the bottom)
2. Click "Create Alert" as usual, but choose "alert() function calls only"
Data Window
Since the indicator is applied on top of the price chart, the oscillator indicators cannot be plotted. You can always add them on another pane but if you want to just see their values, you can use the Data Window to see the value of each oscillator on each bar.
Backtest settings
Used to get the results below:
Initial Capital: 100 000$
Base Order Size: 0.1 contract (BTC)
Safety Order Size: 0.1 contract (BTC)
Commission: 0.1%
Slippage: 100 ticks
pyramiding: 6
The indicator settings are plotted in the main chart panel.
Electrified Aggressive Momentum SignalWhat this can be used for:
If you've already decided you want to trade a symbol, this can identify points of momentum alignment.
If a strong move has recently happened and you're looking for a change in momentum.
How it works:
This is a weighted combination of a Stochastic RSI and two modified SuperTrend (ATR Trailing Stop) indicators:
The Stochastic RSI signal is based upon aligned momentum and is negated at the overbought and oversold points.
The SuperTrend formula uses high and low values for calculation and both fast and slow can be adjusted for sensitivity.
Philosophy:
Signals have to be useful to humans. If a signal occurs to late, you've missed it. The intent of this indicator is to assist in timing a trade at very short time-frames. It assumes your conviction about a trade already exists, but you are trying to get an optimal entry.
Opposing momentum (weak signal) within an uptrend can be a sign that you should wait before entering. The frequency of a signal can indicate the strength of the trend. As the frequency of the aligned signal value decreases so does the reward vs risk.
Triple EMA StrategyThis is my first ever script so any suggestions, recommendations or improvement ideas welcome!
This strategy is an implementation of a standard three exponential moving averages strategy (defaults: EMA1=5, EMA2=20 and EMA3=50 candles). Trades are executed if EMA1 crosses above/below EMA2 and they are both above/below EMA3. In addition, the close of the current candle must be above/below the previous one by at least the number of ticks you specify in the "buffer" parameter (default 150 ticks). This additional check eliminates many bad trades.
There is also a trailing stoploss which comes into play once the price has gone above/below its initial value which it then follows the price with to ensure the trade closes at the highest possible price.
I find this strategy works best on a 15 minute chart but feel free to play around and fine tune the various parameters. If you find a good setup that returns decent profits, I'd be keen to hear it!
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.
Local Limit UpperDisplays recent higher and lower highs.
In it's simplicity is a lot more powerful than might appear at first glance.
Does not rely on volatility calculation.
Can be linked together to create an objective view of recent resistance levels.
Makes current trends more visible.
Excellent as a trailing stop (short) algorithm.
Can be used with its sibling: Local Limit Lower
Local Limit LowerDisplays recent higher and lower lows.
In it's simplicity is a lot more powerful than might appear at first glance.
Does not rely on volatility calculation.
Can be linked together to create an objective view of recent support levels.
Makes current trends more visible.
Excellent as a trailing stop algorithm.
Can be used with its sibling: Local Limit Upper
Nick Rypock Trailing Reverse (NRTR)This indicator was invented in 2001 by Konstantin Kopyrkin. The name "Nick Rypock" is derived from his surname reading in the opposite direction:
Kopyrkin -> Kopyr Kin -> Kin Kopyr -> Nik Rypok
The idea of the indicator is similar to the Chandelier Exit, but doesn't involve ATR component and uses a percentage instead.
A dynamic price channel is used to calculate the NRTR. The calculations involve only those prices that are included in the current trend and exclude the extremes related to the previous trend. The indicator is always at the same distance (in percent) from the extremes reached by prices (below the maximum peak for the current uptrend, above the minimum bottom for the current downtrend).
G-ATR Box V.1Hello this is my new adapt indicator "G-ATR Box V.1"
It's just nearly normal ATR but I create in box color. My problem when I use ATR trailing stop my screen is not clean and when I use finonacci or trend line is hard to see.
How to use
Blue = Pre-buy : Waiting for another buy signal
Green = Buy : Holding the stock
Yellow = Weak uptrend : Waiting for Sell signal
Red = Sell
In this screen I compare G-ATR Box(above) with G-MACD color(below)
When the stock strong uptend all of G-ATR and G-MACD is very work and When weak uptrend G-ATR is action frist but beware Bear trap too
goodluck
MACD TRADING SYSTEMThis is a conservative Trend Continuation Trading System.
Uses a Hull Moving Average to determine general trend direction
Uses MACD to initiate Trade entries
Uses a variant of Chaikin Money Flow for volume confirmation
Also uses the Average True Range (ATR) to determine take profit and stoploss.
Stoploss becomes trailing when take profit target has been hit.
I built it mainly for myself to use.
Wanted an objective trading system to take all the emotions out of my trading.
KISS Strategy: SMA + EMA//Hello my fellow investors
//I am creating a simple non-cluttered strategy that uses 3(+1) simple means to determine: viability, entry, and exit
//1) Has a consistent trend been maintained for several days/weeks
//2) SH SMA crossover LG SMA = Bullish entry/LG SMA crossover SH SMA = Bearish entry
//3) Use the Slope factor & Weeks in Trend (WiT) to dertermine how strong of an entry signal you are comfortable with
//4) Exit position based on next SMA cross and trend reversal or stop loss%
//3+1) For added confidence in trend detection: Apply MACD check - buy--> MACD line above signal line and corssover below histogram \\ sell --> MACD line below signal line and crossover above histogram.
//*)This code also allows you to determine your desired backtesting date compliments of alanaster
The chart shown has:
Starting Capital: $10,000
Investment percent per trade: 1.5%
Stop Loss: 20%
Take Profit: 100%
G-Kijun trailing stopThis indicator is the part of ichimoku kyo hyo.
I luv kijun-sen very much
kijun-sen is develop form (Highest - Lowest)/2
It's mean 50% of fibonacci
and I create color Green for price over the kijun-sen when the price cross down the kijun-sen it'sll be Red
