Indicator
IchimokuBuy Sell With Stoch RSIIchimoku Kumo Cloud Crossover Indicator
The "Ichimoku Kumo Cloud Crossover" indicator is a custom technical analysis tool designed for use in the PulseWire platform. This indicator is built to assist traders in identifying potential buy and sell signals based on a combination of Ichimoku Cloud analysis, Moving Average Convergence Divergence (MACD), Exponential Moving Average (EMA), Relative Strength Index (RSI), and Stochastic RSI.
Key Components and Parameters:
Ichimoku Kumo Cloud Calculation:
The Ichimoku Kumo Cloud is calculated using the Ichimoku Cloud's Conversion Line and Base Line.
Conversion Line, Base Line, Leading Span 1, and Leading Span 2:
These are key components of the Ichimoku Cloud, and they help identify trends and potential support/resistance levels in the market.
MACD Oscillator:
The Moving Average Convergence Divergence (MACD) is used to gauge the strength and direction of the trend.
EMA 200 (Exponential Moving Average):
The EMA 200 is a long-term moving average used to identify the overall trend direction.
RSI (Relative Strength Index):
The RSI is a momentum oscillator that measures the speed and change of price movements, helping to identify overbought and oversold conditions.
Stochastic RSI (Stoch RSI):
Stoch RSI is calculated based on the RSI values and helps to identify overbought and oversold conditions in a more dynamic manner.
Signal Generation:
The indicator generates buy and sell signals based on the following criteria:
Buy Signal (Long Position):
The Conversion Line crosses above the Base Line (Ichimoku Cloud crossover).
The closing price is above the EMA 200, indicating a bullish bias.
The RSI is between 50 and 70, suggesting the potential for an uptrend.
The MACD Histogram is positive, indicating increasing bullish momentum.
The high price is at least 25% above the EMA 200.
Sell Signal (Short Position):
The Conversion Line crosses below the Base Line (Ichimoku Cloud crossover).
The closing price is below the EMA 200, indicating a bearish bias.
The RSI is between 20 and 50, suggesting the potential for a downtrend.
The MACD Histogram is negative, indicating increasing bearish momentum.
The low price is at least 25% below the EMA 200.
Stoch RSI Filter:
Additionally, a filter based on Stoch RSI slope is applied. The indicator will only open a position if the Stoch RSI is declining for short positions (sell) and rising for long positions (buy).
Visualization:
Buy signals are marked with green triangles below the bars.
Sell signals are marked with red triangles above the bars.
The Ichimoku Cloud is plotted in the background, with cloud colors changing based on whether the Conversion Line or Base Line is higher.
This indicator can be a valuable tool for traders looking to combine multiple technical analysis techniques to make informed trading decisions in the financial markets. Indicator
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Buy Sell Calendar [LuxAlgo]The Buy Sell Calendar indicator displays a calendar showing the sentiment for the current day/month. Three different methods can be used to determine this sentiment.
The calendar can also highlight the percentage of bullish days/months for a month/year.
🔶 SETTINGS
Frequency: Calendar frequency, options include "Daily" and "Monthly"
Sentiment Method: Method used to determine the sentiment for the day/month, options include: "Linreg", "Accumulated Deltas", and "Max/Min"
Timezone Offset: UTC time zone offset.
Limit Date: Limit date used by the calendar, the sentiment of days/months outside this limit will not be returned.
🔹 Calendar
Show Calendar: Determines whether to display or hide the calendar.
Location: Location of the calendar on the chart.
Size: Calendar size.
🔶 USAGE
The proposed script can allow users to quickly determine if a specific day/month is considered bullish or bearish. A green cell is used for bullish days/months, while a red one is used for bearish days/months.
Additionally vertical lines are displayed on new days/months with a color highlighting the current sentiment for this specific day/month. Note that this is done retrospectively, the color of a line set at time t might differ at time t+n .
🔶 SENTIMENT METHODS
Determining whether a day/month is bullish or bearish can be done using three different methods. Note that each method makes use of the closing price as the input, and as such can eventually return different results depending on the selected timeframe. Each method is described below:
🔹 Linreg
The Linreg method fit lines between each day/month using the method of least squares and determines if that particular day is bullish or bearish based on the line slope sign. For example, a rising line would indicate a bullish day/month.
🔹 Accumulated Deltas
The method of accumulated deltas simply accumulates bullish and bearish price changes for the current day/month, the result with the highest magnitude determines the sentiment for that day/month.
🔹 Max/Min
The max/min method computes a trailing maximum and a trailing minimum for the current day/month. The sentiment is determined by the price position relative to the average between the obtained maximum/minimum, with a bullish sentiment being determined if price is above the average. Indicator
Rotational Gravity OscillatorMade using elements from two Cheatcountry scripts:
Includes a Bollinger Band for bounds that forms a trend follower based on the 0 point.
Includes CheatCountry color code signals, different color scheme. Bright colors are strong signals, ark are weak, green bull, red bear, the basics.
Switches for Bollinger Band color codes, which can actually be useful signals.
This oscillator can be used for divergences, trends, signal strength, confirmation, volatility readings, you name it.
It is a comparative oscillator, that compares adaptively smoothed, weighted modified Change of Gravity oscillators between 2 symbols and multiple lengths to determine directional momentum as one asset compares to another.
The default uses the Crypto TOTAL market cap to help trade cryptocurrencies. You will notice that BTC will give sell signals in uptrends at times. That is because it is being compared to an index of the total Crypto market cap, and since alt-coins move faster, BTC will lag behind this index.
Give CheatCountry a follow, hes one of the MVPs of Tradingview Pinescripters, constantly giving us access to novel new concepts as they are published by professionals. Indicator
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Range Filter Buy and Sell 5min - guikroth versionRange Filter Buy and Sell 5min - the @guikroth version, republished.
Since this popular version of the Range Filter is no longer available via the original author, I republish it here under the same name.
This version remains true to the guikroth version from the calculations to the default settings and comments in the code, with the exception of an update to the latest version of PineScript, minor styling adjustments and the addition of an all-in-one 'buy or sell' alert option.
The guikroth version was a simplified modification of the original Range Filter by @DonovanWall .
Including having just 3 bar colours based on the filtered price trend, different source input options to the original, and the addition of buy and sell signals and alerts based upon the Range Filter colour change. It consisted of just three inputs; source, sampling period, and range multipler. With the update to version 5, external indicators can also be used as inputs, for example using a VWAP or EMA loaded on your chart as the input on the Range Filter is now also possible.
What is the Range Filter?
As the author of the original Range Filter describes it:
"This is an experimental study designed to filter out minor price action for a clearer view of trends. Inspired by the QQE's volatility filter, this filter applies the process directly to price rather than to a smoothed RSI .
First, a smooth average price range is calculated for the basis of the filter and multiplied by a specified amount.
Next, the filter is calculated by gating price movements that do not exceed the specified range.
Lastly the target ranges are plotted to display the prices that will trigger filter movement.
Custom bar colors are included. The color scheme is based on the filtered price trend."
Popularity of the Range Filter
The Range Filter is a very popular and effective indicator in its own right, with adjustments to the few simple settings it is possible to use the Range Filter for helping filter price movement, whether helping to determine trend direction or ranges, to timing breakout or even reversal entries. Its practical versatility makes it ideal for integrating it's signals into a variety of trading strategies or even other indicators.
With many thanks to the authors of the previous and original versions; @guikroth and @DonovanWall . Indicator
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