Indicator
Indicator
Indicator
Strategy
Indicator
Indicator
Indicator
Indicator
Indicator
Indicator
Crypto TrendThis indicator is based off of the Trend Follower system put together by jiehonglim:
This is a trend following system that combines 3 indicators which provide different functionalities, also a concept conceived by VP's No Nonsense FX / NNFX method. I’m primarily modifying this system for Crypto trading (mostly leveraged Crypto Futures). Suggestions/requests welcome.
New Features:
Added position inputs that will generate position labels
For leverage trading, position inputs will calculate your percentage-based stop loss given your entry, leverage and liquidation price
Added optional horizontal line plots for entry, stop loss, 50% take profit and 100% profit levels.
Added non-plotted Didi calculations for alert condition triggers
Added long and short alerts
These alerts will trigger for any of the 3 following conditions:
Baseline cross with volume confirmation
Didi two line cross with volume confirmation
Didi continuation with volume confirmation
1. Baseline
The main baseline filter is an indicator called Modular Filter created by Alex Grover
- www.pulsewire.com
- Alex Grover - Modular Filter
-------
That's the moving average like baseline following price, filtering long and short trends and providing entry signals when the price crosses the baseline.
Entry signal indicated with arrows.
2. Volume / Volatility , I will called it Trend Strength
The next indicator is commonly known as ASH, Absolute Strength Histogram.
This indicator was shared by VP as a two line cross trend confirmation indicator, however I discovered an interesting property when I modified the calculation of the histogram.
- Alex Grover Absolute Strength
-------
My modification and other info here
- Absolute Strength Histogram v2
-------
I simplified the display of the trend strength by plotting squares at the bottom of the chart.
- Lighted Squares shows strength
- Dimmed Squares shows weakness
3. Second Confirmation / Exits / Trailing Stop
Finally the last indicator is my usage of QQE (Qualitative Quantitative Estimation), demonstrated in my QQE Trailing Line Indicator
- QQE Trailing Line for Trailing Stop
-------
Three usages of this amazing indicator, serving as :
- Second trend confirmation
- Exit signal when price crosses the trailing line
- Trailing stop when you scaled out the second trade
This indicator is plotted with crosses.
4. Position Calculator
For non-leveraged trades, set leverage to 1 and liquidation to 0
Fill out the rest of the position field to get labels that will tell you:
Your stop loss given your acceptable percentage of loss for your risk. So, for example if your actual investment is $200 and you’re trading on 20X leverage, you’d like to know what price would have to drop to for you to lose 15% of your $200 risk. This is what the position calculator is doing for you.
Your 50% take profit point
Your 100% take profit point
Check the “Show Position Lines” to plot horizontal lines for entry, stop loss, 50% TP and 100%TP
Alerts
You just get a Long Alert or Short Alert option. This was for two reasons, the first and most important was to reduce the number of alerts needed for this system to get maximum coverage. The second was just to keep things simple. Get an alert for your desired direction for any interesting signal and then check the chart manually to determine if a viable entry has presented itself. The three alert conditions are:
Main trend indicator, baseline cross with volume confirmation
Didi two line cross entry with volume confirmation
Didi continuation signal with volume confirmation
Additional plots and information
Bar Color
- Green for longs, Red for shorts, White when the baseline direction conflicts with the QQE trailing line direction
- When it's white, it's usually ranging and not trending, ASH will also keep you off ranging periods.
-------
ATR Filter
- White circles along the baseline, they will show up if the price has moved more than one ATR from the baseline
- The default allowance is 1 ATR.
-------
The previous and current ATR value
- Label on the right side of the chart showing the previous and current value of ATR
Indicator
NNFX Baseline ToolNNFX All-in-One Baseline display / test tool.
This is usefull (hopefully) for the NNFX way of trading only. It's not intended to be used as a standalone tool.
Basically, this script displays and tests many types of Moving Averages as baselines.
It displays baseline signals, based on the NNFX ATR-related rule for baseline entries.
It can be used as a backtest tool, or plugged into the whole nnfx algo.
If signal display option is enabled, signals are displayed on chart : green for long, red for short, orange for crossovers beyond the ATR channel :
Many baselines available : SMA , EMA , WMA , VWMA , ALMA , AMA, SMMA , DEMA , FRAMA , HULL, KAMA , KIJUN, JURIK, LAGUERRE, MCGINLEY , TMA1, TMA2, VIDYA , MODULAR FILTER, VAMA , ZLEMA , T3, LSMA, etc.
Additional options :
- multiplying the ATR channel (and subsequent rule) by a factor (default = 1)
- plot the ATR channel (def = yes)
- fill it (def = yes)
- display signals (def = yes)
- option for add color to the baseline, for long/short territory (2 different options : baseline is colored, background is colored)
- darkmode / lightmode color option. (def = dark)
We also display panels, with general information and some test results. Tests are done within the test period.
I tried to test all the different MAs included in the script but some bugs might still be present, so use it at ur own risk.
If you'd like a new MA option added, please let me know in comments.
I included a "bad" signal detection, it can help for tweaking the settings. Signals are defined as "bad" when they are immediately followed by another signal.
When there is 2 or more bad signals next to another, you spotted a chopiness zone (a chopiness zone is defined as a zone where BL get eaten alive).
Example :
to do :
- plug it with the c1/c2 backtest tool (it's the whole point)
- add alerts,
- add more ma types
- stop to use the operator, it's not convenient at all
- add wr% calculation as a standalone feature (with TP / SL)
- add a way to measure chopiness in the test (dont know how yet)
- detect & display chopiness zones
I asked other users when I used their ideas (for some particular types of MAs). They all agreed.
Indicator
Indicator
Indicator
Indicator
Z Score Enhanced Time Segmented Volume (Multi MA)**THIS VERSION HAS BEEN STANDARDIZED WITH A Z SCORE CALCULATION AND ALLOWS THE USER TO SELECT WHICH MOVING AVERAGE THEY WOULD LIKE TO UTILIZE FOR THE SIGNAL LINE**
Chart shows the Non-Standardized Enhanced Time Segmented Volume (Multi MA) with default settings on top and the Standardized version with default settings on the bottom.
Time Segmented Volume was developed by Worden Brothers, Inc to be a leading indicator by comparing various time segments of both price and volume . Essentialy it is designed to measure the amount of money flowing in and out of an instrument.
Time Segmented Volume was originally ported to PulseWire by user @liw0 and later corrected by user @vitelot. I never quite understood how to read Time Segmented Volume until I ran across a version by user @storma where they indicated when price would be long or short, but that code also utilized the incorrect calculation from user @liw0.
In an effort to make Time Segmented Volume more accessible and easier to read, I have re-coded it here. The calculations are based on the code from @vitelot and I have added direction indicators below the chart.
If the histogram (TSV) is greater than zero and greater than the moving average, price should be moving long and there will be a green box below the chart.
If TSV falls below the moving average while still being greater than zero, the trend may be exhausting and has been coded to read Price Action Long - FAILURE with a black x below the chart.
If the histogram (TSV) is less than zero and less than the moving average, price should be moving short and there will be a red box below the chart.
If TSV rises above the moving average while still being less than zero, the trend may be exhausting and has been coded to read Price Action Short - FAILURE with a black x below the chart.
At times, the moving average may be above zero while TSV is below zero or vice versa. In these situations the chart will indicate long or short based on whether or not TSV is greater or less than zero. It is possible a new trend may be forming as the moving average obviously lags, but also possible price is consolidating with little volume and causing TSV to oscillate close to zero.
**Z Score // Standardized Option **
Thist Standardized code implements all of the above but also allows the user to select a threshold level that should not need to be adjusted for each instrument (since the output is standardized).
If the TSV value meets the long and short signal requirements above and TSV is greater than the threshold values a green or red box will print ABOVE the oscillator. The histogram will also change color based on which threshold TSV has met.
This calculation allows us to compare current volatility to the mean (moving average) of the population (Z-Length). The closer the TSV Z-Score is to the mean, the closer it will be to the Zero Line and therefore price is likely consolidating and choppy. The farther TSV Z-Score is from the mean, the more likely price is trending.
The MA Mode determines the Moving Average used to calculate TSV itself. The Z-Score is ALWAYS calculated with a simple moving average (as that is the standard calculation for Z-Score).
The Threshold Levels are the levels at which TSV Z-Score will change from gray to yellow, orange, green ( bullish ), or red ( bearish ).
Statistically speaking, confidence levels in relation to Z-Score are noted below. The built in Threshold Levels are the positive and negative values for 90%, 95%, and 99%. This would indicate when volatility is greater than these values they are out of the ordinary from the standard range. You may wish to adjust these levels for TSV Z-Score to be more responsive to your trading needs
80% :: 1.28
85% :: 1.44
90% :: 1.64
95% :: 1.96
99% :: 2.58
The Z Length is the period for which the Z Score is calculated
More information regarding Time Segmented Volume can be found here: www.worden.com
Original code ported by @liw0
Corrected by @vitelot
Updated/Enhancements by @eylwithsteph with inspiration from @storma
Multiple MA Options Credits to @Fractured and @lejmer
Bits and Pieces from @AlexGrover, @Montyjus, and @Jiehonglim
As always, trade at your own risk.
Indicator
Enhanced Time Segmented Volume (Multi MA)**THIS VERSION ALLOWS THE USER TO SELECT WHICH MOVING AVERAGE THEY WOULD LIKE TO UTILIZE FOR THE SIGNAL LINE**
Chart shows two different options of many. Top option is the default settings and bottom option is a different moving average with no other changes.
Time Segmented Volume was developed by Worden Brothers, Inc to be a leading indicator by comparing various time segments of both price and volume. Essentialy it is designed to measure the amount of money flowing in and out of an instrument.
Time Segmented Volume was originally ported to PulseWire by user @liw0 and later corrected by user @vitelot. I never quite understood how to read Time Segmented Volume until I ran across a version by user @storma where they indicated when price would be long or short, but that code also utilized the incorrect calculation from user @liw0.
In an effort to make Time Segmented Volume more accessible and easier to read, I have re-coded it here. The calculations are based on the code from @vitelot and I have added direction indicators below the chart.
If the histogram (TSV) is greater than zero and greater than the moving average, price should be moving long and there will be a green box below the chart.
If TSV falls below the moving average while still being greater than zero, the trend may be exhausting and has been coded to read Price Action Long - FAILURE with a black x below the chart.
If the histogram (TSV) is less than zero and less than the moving average, price should be moving short and there will be a red box below the chart.
If TSV rises above the moving average while still being less than zero, the trend may be exhausting and has been coded to read Price Action Short - FAILURE with a black x below the chart.
At times, the moving average may be above zero while TSV is below zero or vice versa. In these situations the chart will indicate long or short based on whether or not TSV is greater or less than zero. It is possible a new trend may be forming as the moving average obviously lags, but also possible price is consolidating with little volume and causing TSV to oscillate close to zero.
More information regarding Time Segmented Volume can be found here: www.worden.com
Original code ported by @liw0
Corrected by @vitelot
Updated/Enhancements by @eylwithsteph with inspiration from @storma
Multiple MA Options Credits to @Fractured and @lejmer
Bits and Pieces from @AlexGrover, @Montyjus, and @Jiehonglim
As always, trade at your own risk. Indicator
Enhanced Time Segmented VolumeTime Segmented Volume was developed by Worden Brothers, Inc to be a leading indicator by comparing various time segments of both price and volume. Essentialy it is designed to measure the amount of money flowing in and out of an instrument.
Time Segmented Volume was originally ported to PulseWire by user @liw0 and later corrected by user @vitelot. I never quite understood how to read Time Segmented Volume until I ran across a version by user @storma where they indicated when price would be long or short, but that code also utilized the incorrect calculation from user @liw0.
In an effort to make Time Segmented Volume more accessible and easier to read, I have re-coded it here. The calculations are based on the code from @vitelot and I have added direction indicators below the chart.
If the histogram (TSV) is greater than zero and greater than the moving average, price should be moving long and there will be a green box below the chart.
If TSV falls below the moving average while still being greater than zero, the trend may be exhausting and has been coded to read Price Action Long - FAILURE with a black x below the chart.
If the histogram (TSV) is less than zero and less than the moving average, price should be moving short and there will be a red box below the chart.
If TSV rises above the moving average while still being less than zero, the trend may be exhausting and has been coded to read Price Action Short - FAILURE with a black x below the chart.
At times, the moving average may be above zero while TSV is below zero or vice versa. In these situations the chart will indicate long or short based on whether or not TSV is greater or less than zero. It is possible a new trend may be forming as the moving average obviously lags, but also possible price is consolidating with little volume and causing TSV to oscillate close to zero.
More information regarding Time Segmented Volume can be found here: www.worden.com
Original code ported by @liw0
Corrected by @vitelot
Updated/Enhancements by @eylwithsteph with inspiration from @storma
As always, trade at your own risk. Indicator
Indicator
Indicator
WhipLashThis is a study to determine if small candle bodies (little difference between open and close), regardless of overall candle length (high/low), can be used to filter choppy markets.
The indicator will calculate the selected average "MA Mode" of (close-open). To standardize this result and ensure any filters/thresholds do not need to be recalculated for each instrument the result will be used to calculate the Z Score.
The idea is that when candle bodies are small there is very little actual price movement, and therefore price is choppy. When considering the Z Score of that result, any outliers ie larger candle bodies, could show a potential trend forming. This indicator is similar to QStick but allows more customization by the user.
MA Mode determines which MA is used to smooth the results of (close-open)
Price Smoothing is the number of running periods the MA Mode is calculated for.
The three Thresholds are preset to the 90%, 95%, and 99% levels for Z Score. If these thresholds are altered you may wish to also alter the horizontal lines programmed for each level on the positive and negative sides.
The Z Length is the period for which the Z Score is calculated
Multiple MA Options Credits to @Fractured
Bits and Pieces from @AlexGrover, @Montyjus, and @Jiehonglim
As always, trade at your own risk. Indicator
Indicator
VQZL Z-ScoreVolatility Qaulity Zero Line attempts to keep a trader out of ranging markets, but the original calculation on PulseWire had to be adjusted for each instrument. To avoid this issue, I have applied a z-score calculation to the VQZL so the result is standardized for all instruments. A Z-Score is simply a value's relationship to the mean (average) of a group of values, measured in terms of standard deviations from the mean.
This calculation allows us to compare current volatility to the mean (moving average) of the population (Z-Length). The closer the VQZL Z-Score is to the mean, the closer it will be to the Zero Line and therefore price is likely consolidating and choppy. The farther VQZL Z-Score is from the mean, the more likely price is trending.
The MA Mode determines the Moving Average used to calculate VQZL itself. The Z-Score is ALWAYS calculated with a simple moving average (as that is the standard calculation for Z-Score).
The Threshold Levels are the levels at which VQZL Z-Score will change from gray to yellow, orange, green (bullish), or red (bearish). These levels can be adjusted but you should adjust the Threshold Lines as well (in the style section), so they line up with your adjusted values.
Statistically speaking, confidence levels in relation to Z-Score are noted below. The built in Threshold Levels are the positive and negative values for 90%, 95%, and 99%. This would indicate when volatility is greater than these values they are out of the ordinary from the standard range. You may wish to adjust these levels for VQZL Z-Score to be more responsive to your trading need
80% :: 1.28
85% :: 1.44
90% :: 1.64
95% :: 1.96
99% :: 2.58
As always, trade at your own risk.
VQZL Created by Investo And Adapted From @sarangab
Multiple MA Options Credits to @Fractured
Bits and Pieces from @AlexGrover and @Montyjus Indicator
