WealthElf BungeeOverview
The WealthElf Bungee helps traders identify overbought/oversold conditions and momentum shifts using multiple stochastic timeframes, RSI, and Williams %R. You can look at any of these infdividualy, or an average of all to provide an aggregated concensus view (how I use it)
How to Use
Fixed OverBought/OverSold Levels – Default 80/20, customizable in settings.
Variable OverBought/OverSold Levels – based on StdDev of the average line, customizable in settings.
Indicators – Toggle Stochastic (8, 16, 34, 76), RSI (2), and Williams %R (2) as needed.
Average Line & EMA – Tracks overall momentum; green = bullish, red = bearish.
Alerts – Signals when indicators cross key levels.
Use it to time entries/exits and improve decision-making within your broader strategy. 🚀
Penunjuk dan strategi
[TehThomas] - Displacement CandlesOverview:
This PineScript is designed to detect and visualize significant price movements, called displacements, on a trading chart. It's particularly useful for traders who want to identify potential trend changes or strong market sentiment quickly.
How the Script Works
User Input:
The script allows users to set a custom threshold for displacement detection and choose colors for bullish and bearish movements.
Displacement Detection Function:
isDisplacement(series, threshold) =>
percentage_change = math.abs(series - series ) / series * 100
percentage_change > threshold
This function calculates the percentage change between the current and previous price.
If the change exceeds the set threshold, it's considered a displacement.
Bullish and Bearish Detection:
bullish_displacement = isDisplacement(close, threshold) and close > close
bearish_displacement = isDisplacement(close, threshold) and close < close
Identifies whether the displacement is bullish (price increase) or bearish (price decrease).
Candle Coloring:
barcolor(bullish_displacement ? bullish_color : bearish_displacement ? bearish_color : na)
Changes the color of candles based on the detected displacement type.
Usefulness and Applications:
Trend Identification: Helps in quickly spotting potential trend changes or continuations.
Volatility Analysis: Provides a visual representation of market volatility.
Entry and Exit Signals: Can be used to identify potential entry or exit points for trades.
Market Sentiment: Offers insights into the strength of bullish or bearish sentiment.
Customizable Sensitivity: The adjustable threshold allows traders to fine-tune the indicator based on the asset's typical volatility.
Visual Clarity: By changing candle colors, it provides a clear, at-a-glance view of significant price movements.
Complementary Tool: Can be used alongside other technical indicators for confirmation of signals.
Multiple Timeframe Analysis: Applicable across different timeframes to suit various trading styles (day trading, swing trading, etc.).
Educational Purpose: Helps new traders understand and visualize significant price movements in the market.
Backtesting: Can be incorporated into strategy backtests to assess its effectiveness in different market conditions.
This script is particularly handy for traders who want to cut through market noise and focus on significant price movements. It's versatile enough to be used across different trading strategies and can be a valuable addition to a trader's technical analysis toolkit.
It's a very easy script and not alot to mention. If you see any improvements please let me know.
SMA Crossover 150/20SMA Crossover 150/20
It shows when is the entry point.
When SMA 150 sticks cross by the SMA 20 sticks.
By Eli Elezra
Brokerir Trend Change IndicatorBrokerir’s Trend Change Indicator: Your Comprehensive Tool for Navigating Market Trends.
Brokerir proudly introduces the Trend Change Indicator, an all-in-one, intuitive tool crafted to help traders and investors seamlessly identify bullish and bearish trends in asset prices. Designed with user experience in mind, this indicator offers customizable input settings and an integrated alert system that promptly notifies users of potential shifts in both short-term and long-term market trends. These timely alerts are essential for less active investors to position themselves accurately before significant trend changes occur and play a vital role in managing risk once a trend is established. It’s important to highlight that the Trend Change Indicator performs best with assets that have a history of strong, sustained trends.
Core Features:
Exponential Moving Averages (EMA) Interaction: At the foundation of this tool lies the dynamic interaction between the 30-day and 60-day EMAs. A green signal denotes a bullish trend when the 30-day EMA surpasses the 60-day EMA, while a red signal indicates a bearish trend when the 30-day EMA falls below the 60-day EMA. Additionally, the appearance of gray signals alerts users to potential trend reversals as the EMAs converge and dip below the Average True Range (ATR) safety threshold. This comprehensive analysis is performed on both hourly and daily timeframes, with the 4-hour timeframe offering early indications of daily trend changes. Visually, the indicator displays the EMA interactions within a band on the daily chart, also reflected in the second row of the table, while the first row showcases the EMA interactions on the 4-hour timeframe.
140-Day Simple Moving Average (SMA) with Predictive Insights: Enhancing long-term trend analysis, the Trend Change Indicator incorporates a 140-day (20-week) SMA, depicted by a line adorned with predictive dots. This feature empowers investors to gain a deeper understanding of long-term price movements by projecting the SMA value 10 days into the future. The slope of these predictive dots is key: an upward trend in the dots suggests an underlying bullish trend, whereas a downward trend indicates a bearish outlook. Generally, asset prices trading above the SMA are considered bullish, while those below are viewed as bearish.
Why Choose Brokerir’s Trend Change Indicator?
The Trend Change Indicator by Brokerir is a robust solution for pinpointing price trends and effectively managing risk. Its user-friendly, color-coded interface makes it an indispensable asset for traders and investors aiming to stay ahead of trend shifts and maintain control over their investments once a trend is in motion. Historically, this indicator has demonstrated significant value in trending markets such as cryptocurrencies, technology stocks, and commodities. For optimal results, Brokerir recommends using the Trend Change Indicator alongside other technical analysis tools to achieve a more comprehensive and balanced decision-making process.
Embrace Brokerir’s Trend Change Indicator to enhance your trading strategy, stay informed about market dynamics, and manage your investment risks with confidence.Brokerir’s Trend Change Indicator: Your Comprehensive Tool for Navigating Market Trends
Brokerir proudly introduces the Trend Change Indicator, an all-in-one, intuitive tool crafted to help traders and investors seamlessly identify bullish and bearish trends in asset prices. Designed with user experience in mind, this indicator offers customizable input settings and an integrated alert system that promptly notifies users of potential shifts in both short-term and long-term market trends. These timely alerts are essential for less active investors to position themselves accurately before significant trend changes occur and play a vital role in managing risk once a trend is established. It’s important to highlight that the Trend Change Indicator performs best with assets that have a history of strong, sustained trends.
Core Features:
Exponential Moving Averages (EMA) Interaction: At the foundation of this tool lies the dynamic interaction between the 30-day and 60-day EMAs. A green signal denotes a bullish trend when the 30-day EMA surpasses the 60-day EMA, while a red signal indicates a bearish trend when the 30-day EMA falls below the 60-day EMA. Additionally, the appearance of gray signals alerts users to potential trend reversals as the EMAs converge and dip below the Average True Range (ATR) safety threshold. This comprehensive analysis is performed on both hourly and daily timeframes, with the 4-hour timeframe offering early indications of daily trend changes. Visually, the indicator displays the EMA interactions within a band on the daily chart, also reflected in the second row of the table, while the first row showcases the EMA interactions on the 4-hour timeframe.
140-Day Simple Moving Average (SMA) with Predictive Insights: Enhancing long-term trend analysis, the Trend Change Indicator incorporates a 140-day (20-week) SMA, depicted by a line adorned with predictive dots. This feature empowers investors to gain a deeper understanding of long-term price movements by projecting the SMA value 10 days into the future. The slope of these predictive dots is key: an upward trend in the dots suggests an underlying bullish trend, whereas a downward trend indicates a bearish outlook. Generally, asset prices trading above the SMA are considered bullish, while those below are viewed as bearish.
Why Choose Brokerir’s Trend Change Indicator?
The Trend Change Indicator by Brokerir is a robust solution for pinpointing price trends and effectively managing risk. Its user-friendly, color-coded interface makes it an indispensable asset for traders and investors aiming to stay ahead of trend shifts and maintain control over their investments once a trend is in motion. Historically, this indicator has demonstrated significant value in trending markets such as cryptocurrencies, technology stocks, and commodities. For optimal results, Brokerir recommends using the Trend Change Indicator alongside other technical analysis tools to achieve a more comprehensive and balanced decision-making process.
Embrace Brokerir’s Trend Change Indicator to enhance your trading strategy, stay informed about market dynamics, and manage your investment risks with confidence.
Golden Cross & Death Cross - 20 Day SEA & 200 Day EMAbuy signalon golden cross and sell signal on death cross to use for stock screener to search for assets to trade
AI区间震荡策略(修正版)📌 交易策略简介(区间震荡策略)
策略名称:区间震荡交易策略
适用市场:外汇、股票、加密货币等震荡市场
策略类型:高胜率短线交易
📌策略核心逻辑
识别震荡区间:使用布林带+ATR确定支撑和阻力位。
趋势过滤:采用EMA(指数移动均线)避免趋势行情误入。
入场信号:
做多:价格接近支撑位,且RSI < 30(超卖)+ KDJ超卖。
做空:价格接近阻力位,且RSI > 70(超买)+ KDJ 超买。
止盈 & 止损:
止盈:目标2× ATR。
止损:严格控制在1.5×ATR以内。
智能资金管理:
每笔交易动态调整仓位,控制风险,防止过度交易。
📌适用场景
✅适用于震荡行情(价格在一定范围内波动)
✅过滤趋势行情(防止资金回撤过大)
✅短线交易,高胜率策略(适合日内交易)
💡直接复制代码到TradingView,即可运行!🚀
Simplified Crossover StrategyA simple strategy with about 5 hours of research behind it. Appliead to Onyxcoin. Starting with $1000 USD. Trading 5 days a week on the weekdays.
SMC ,FVG Structures and MAICT traders focus on each and every move of the market. Fair Value Gap (FVG) arise in the forex market when rapid price movements create gaps between candles, signaling an imbalance between supply and demand. These gaps highlight areas where the market has not achieved equilibrium, often due to a sudden influx of buying or selling pressure. ICT and Smart Money traders use FVGs to identify potential retracement points where price might return before continuing its trend, making them valuable tools for spotting high-probability trade entries within the broader context of market dynamics.
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Understanding Fair Value Gaps in Trading
Fair Value Gaps (FVGs) in trading occur when rapid price movements leave unfilled gaps between candles, highlighting areas where the market didn’t trade. These gaps represent a lack of liquidity, typically caused by strong buying or selling pressure. In market dynamics, such imbalances suggest that price moved too quickly, bypassing certain price levels, which often signals an inefficiency in the market.
Market participants watch for these FVGs because price often retraces to these gaps, seeking to fill them and balance liquidity. This retracement is part of the market’s natural tendency towards efficiency, as it revisits these untraded zones to ensure all price levels are effectively covered. For ICT and SMC traders, identifying Fair Value Gaps can offer strategic entry points, anticipating a return to these gaps before the market resumes its original direction.
Fair Value Gaps are particularly powerful when combined with other market analysis tools, such as support and resistance levels or order blocks. In the context of a broader market trend, FVGs can indicate either a continuation or a potential reversal, depending on where they appear in the price structure. Understanding these dynamics helps traders make informed decisions, leveraging FVGs to enhance their trading strategies.
Identification of Fair Value Gap (FVG)
FVGs are formed because of displacement in price. Fair Value Gaps are also known as imbalances in price movement. This happens in the market because there is very little participation and path of least resistance is clear for institutions and “Big Money”. They take advantage of the situation and move price in one direction. Fair Value Gaps are identified on candlestick charts in the following way:
In identifying FVGs, three candlestick structure is formed in the market. The middle candle serves as the key candle used in identification of Fair value gap. At the same time, the first and third candles helps define the gap’s boundaries.
ICT trader focuses on the relationship between the first and third candle. In an uptrend, if the low of the third candle is higher than the high of the first candle, and the middle candle doesn’t overlap with the first, an FVG has formed. In a downtrend, if the high of the third candle is lower than the low of the first candle, it indicates a gap.
Its significance and importance is linked with overall market structure and trend context. Order Blocks near the FVG is considered as the important one. If FVG is in harmony with a broader trend or a key level, it becomes a reliable signal for continuation of a trend.
Bullish ICT Fair Value Gap
In ICT trading concepts, Fair value gap is an area where there is a notable between candles. In uptrend, FVGs are temporary imbalance in the market. It indicates strong buying pressure by Institutions and market maker.
The first candle in the sequence.
The middle candle, which causes the gap. It typically has a large bullish body, with the price opening higher and closing even higher, reflecting strong upward momentum.
The third candle, which doesn’t fully overlap with the first candle, leaving a gap.
This is the general criteria that every FVG in bullish trend. The low of the third candle must be higher than the high of first candle. The gap between first candle high and third candle low is the bullish FVG. In this area, market move too quickly and denotes aggressive buying in that area.
Bullish FVG
Bearish ICT Fair Value Gap (FVG)
In downtrend, FVGs are temporary imbalance in the market. It indicates strong selling pressure by Institutions and market maker.
The first candle in the sequence.
The middle candle, which causes the gap. It typically has a large bearish body, with the price opening lower and closing even lower, reflecting strong downward momentum.
The third candle, which doesn’t fully overlap with the first candle, leaving a gap.
This is the general criteria that every FVG fulfill in bearish trend. The high of the third candle must be lower than the low of first candle. The gap between first candle high and third candle low is the bearish FVG. In this area, market move too quickly and denotes aggressive selling in that area.
Bearish FVG
Use of FVG in Trading
Just like not all formations of candlestick patterns are valid on chart, same applies to Fair Value Gaps. Correct use of FVG in trading require understanding of prior trend and market structure.
In an uptrend, price of an asset may eventually retrace to fill the bullish FVG as the market seeks to rebalance liquidity. ICT traders see this retracement to the FVG as potential buying opportunity. They thought that market may use the area to gather more order before continuing its trend.
In a downtrend, price of an asset may eventually retrace to fill the bearish FVG as the market seeks to rebalance liquidity. ICT traders see this retracement to the FVG as potential selling opportunity.
Bullish and Bearish FVGs are significant only when aligned with other bullish and bearish signals. Proper break of structure and retracement to the level is crucial. If FVG appear near supply or demand zone, it increases its authenticity.
Examples of Fair Value Gap
In market, Bullish FVG appears just like the example below.
bullish fvg in the market
After creating imbalances, market retrace to fill the imbalance. Market often tries to reach Equilibrium level before continuing its upward trend.
In downtrend market, Bearish FVG appears just like the example below.
bearish FVG in the market
Market retraces to fill the imbalances. ICT traders find further signal when the market reaches the imbalance area. It is necessary to draw premium and discount. Premium zone in downtrend helps to filter selling opportunities and avoid inducements. It is advised to take trades on first pullback, it is often inducement laid down by institutions.
Final Note
Fair Value Gaps (FVGs) are powerful tools within the ICT framework for identifying potential market retracements and trade setups. However, trading involves significant risks, and no strategy guarantees success. It is crucial to combine FVGs with other analysis techniques. Always use stop-loss orders, and only risk capital you can afford to lose. Continuous learning and discipline are key to long-term trading success.
Multi-Signal Moving Average ToolkitThe Multi-Signal Toolkit is a versatile indicator designed to provide both Normal and Strong trading signals based on customizable moving average crossovers. It includes built-in filters to refine signals, and you can fully adjust the appearance and behavior of plots and signals to fit your strategy.
Key Features:
Dual Signal System: Choose between Normal and Strong signals for different levels of confirmation.
Customizable Moving Averages: Select between SMA or EMA with adjustable fast and slow periods.
Timeframe Flexibility: Apply signals and filters across different timeframes for multi-timeframe analysis.
Signal Filtering: Optional filters help reduce false signals by adding trend confirmation layers.
Visual Control: Toggle plots and signal markers on or off, and adjust colors to fit your chart style.
How It Works:
Normal Signals: Standard fast/slow MA crossovers with optional filtering.
Strong Signals: Higher-confidence signals, ideal for confirmation across multiple timeframes.
Filters: Add SMA/EMA filters to further refine when signals are triggered, helping you trade with the trend.
Perfect For:
Traders looking for a clean, flexible MA crossover system.
Anyone interested in adding signal filters for higher accuracy.
Multi-timeframe traders wanting to align signals across different intervals.
Ahmad Ali Khan CPR StrategyAhmad Ali Khan's CPR Strategy:
Multi-Timeframe Analysis:
Uses Daily CPR Levels for key support/resistance
Includes Weekly Open Price as important reference
20-period EMA for trend direction filter
Entry Conditions:
Longs: Price > TC + Bullish Market Phase + Volume confirmation
Shorts: Price < BC + Bearish Market Phase + Volume confirmation
Optional RSI divergence confirmation
Advanced Risk Management:
Dynamic stop-loss based on CPR width
Asymmetric reward ratios (1.5:1 for longs, 1.5:1 for shorts)
Volume filter to confirm breakout validity
Momentum Confirmation:
RSI divergence detection
Volume must be above 20-period average
Price must close beyond CPR boundaries
How to Use This Strategy:
Trend Identification:
Trade only in direction of EMA trend (price above/below 20 EMA)
Confirm with weekly open price alignment
CPR Breakouts:
Wait for price to close beyond TC/BC with volume
Look for RSI divergence for extra confirmation
Trade Management:
Place stops below BC (longs) or above TC (shorts)
Target next CPR level or 1.5x CPR width
Customization Options:
Adjust CPR timeframes (daily/weekly)
Modify EMA length for trend sensitivity
Toggle RSI divergence confirmation
Change risk/reward ratios based on volatility
This strategy combines Khan's focus on CPR levels with price action confirmation and momentum filters. It works best on 15-minute to 4-hour timeframes for day trading and swing trading. For optimal results, combine with:
Fibonacci Sequence Moving Average PlotsThis indicator plots Simple Moving Averages (SMA) and Exponential Moving Averages (EMA) based on key Fibonacci sequence numbers. You can easily toggle individual SMAs and EMAs to customize your chart.
Key Features:
Customizable Plots: Select from SMA and EMA values like 5, 8, 13, 21, 34, 55, 89, 144, 233, 377, 610, and 987.
Visual Clarity: Each SMA and EMA is color-coded with smooth gradients for quick visual identification.
Overlay on Chart: The moving averages are plotted directly on your price chart for easy analysis.
How to Use:
Add the indicator to your chart.
Use the input panel to toggle SMAs/EMAs on or off as needed.
Analyze price action in relation to Fibonacci-based moving averages for trend confirmation and potential trade setups.
CALL/PUT Signals with Flexible EMA By VIKKAS VERMACALL/PUT Signals with Flexible EMA By VIKKAS VERMA
**Overview**
This indicator is designed to identify indecisive market conditions and generate CALL (Buy) and PUT (Sell) signals based on candle patterns and the trend of a user-defined Exponential Moving Average (EMA). By filtering signals with EMA trends, it helps traders make more informed entry decisions while avoiding trades against the prevailing market direction.
**Key Features**
1. **Indecisive Candle Detection**
- A candle is considered **indecisive** if its body is small compared to its overall range (high - low).
- These candles indicate market hesitation, often preceding strong moves.
- Such candles are visually marked with a gray background for easy identification.
2. **Candle Classification**
- **Green Candle**: Open price equals the low of the candle.
- **Red Candle**: Open price equals the high of the candle.
- **Black Candle**: Any other type of candle that doesn’t fit the above two conditions.
3. EMA-Based Trend Confirmation
- A **user-defined EMA (default: 9-period) is plotted on the chart.
- **Green EMA**: EMA is rising (bullish trend).
- **Red EMA**: EMA is falling (bearish trend).
- **Blue EMA**: Neutral or flat movement.
4. CALL & PUT Signal Logic
- CALL Signal (Buy): Appears when a black candle is followed by a green candle, provided the EMA is not falling.
- **PUT Signal (Sell)**: Appears when a **black candle** is followed by a **red candle**, provided the EMA is not rising.
- Signals are displayed as arrows on the chart (green for CALL, red for PUT).
5. **Visual Enhancements**
- The indicator colors candles based on their relation to the EMA trend.
- EMA color changes help traders identify trend shifts.
- Indecisive candles are highlighted for additional context.
How to Use This Indicator
- Trend Confirmation: Use the EMA’s color to gauge market direction before taking trades.
- Entry Points: Look for CALL and PUT signals after indecisive candles in alignment with EMA trends.
- Risk Management: Use this indicator alongside other technical tools for better confirmation.
This indicator is useful for traders looking for a structured approach to identify potential reversals and momentum shifts while avoiding trades against the trend.
BullDozz Fibo ZigZagFibo ZigZag - Advanced Fibonacci Retracement Tool 🔥
📌 Overview
The Fibo ZigZag indicator is a powerful tool for trend structure analysis using the ZigZag pattern and Fibonacci retracement levels. It automatically identifies swing highs & lows, draws ZigZag lines, and overlays Fibonacci levels with price labels at the right end for better readability.
This indicator is designed for traders who use price action, trend reversal strategies, and support/resistance analysis.
🛠 Features
✅ Automatic ZigZag detection with customizable depth, deviation, and backstep
✅ Fibonacci retracement levels (0%, 23.6%, 38.2%, 50%, 61.8%, 100%, 161.8%, 261.8%, 423.6%)
✅ Price labels at Fibonacci levels (placed at the right end of the levels)
✅ Alerts for new swing highs & lows
✅ Customizable line colors, text colors, and label sizes
✅ Lightweight and optimized for fast performance
📊 How It Works
1️⃣ The script detects ZigZag structure points based on price swings
2️⃣ It connects recent highs & lows with a ZigZag line
3️⃣ Fibonacci retracement levels are calculated and drawn between the last two significant swing points
4️⃣ Each Fibo level is labeled with its percentage & exact price, placed at the right end for clarity
5️⃣ Alerts trigger automatically when a new swing high or low is detected
⚙ Customization Options
🔹 ZigZag Settings: Adjust Depth, Deviation, BackStep, and Leg length
🔹 Fibonacci Levels: Modify line colors, label text colors, and visibility
🔹 Alerts: Enable/disable trend change alerts
📈 Best Use Cases
🚀 Identifying Trend Reversals – Detect key turning points using Fibonacci levels
📉 Support & Resistance Trading – Use retracement levels as entry/exit points
📊 Swing Trading & Scalping – Combine ZigZag with price action for effective strategies
🔔 Alert-Based Trading – Get notified when new swing highs/lows form
🚀 How to Use
📌 Add the indicator to your chart
📌 Adjust the settings to match your trading strategy
📌 Use the Fibonacci levels & ZigZag lines to analyze trend direction & key price zones
📌 Wait for alerts or manually enter trades based on price reaction to Fibo levels
📢 Final Thoughts
The Fibo ZigZag is an essential tool for traders who rely on price action, trend reversals, and Fibonacci levels. Whether you're a beginner or a pro, this indicator helps you spot high-probability trading opportunities with ease.
⚡ Try it now & enhance your trading strategy! 🚀
💬 Let us know your feedback & suggestions in the comments! Happy trading! 📊🔥
XAUUSD STRATGEY BUY AND SELL SIGNALSThe XAUUSD buy and sell is designed to enhance trading strategies by pinpointing essential price levels and trends on an ATR and stochastic. It effectively charts the opening prices of moving average and 4-hour candles, visualizes retests, showcases average price lines, and integrates higher timeframe candlesticks. This system is ideal for traders who take advantage of short-term price fluctuations and volume trends.
Understanding the XAUUSD BUY SELL
This indicator marks crucial price levels derived from the opening prices of stochastic and 4-hour candles. It detects retests of these levels, computes average prices, and highlights the high and low points for each hour. Additionally, it incorporates higher-timeframe candlesticks to offer a well-rounded perspective on price movements.
Essential Features:
Stochastic and 4-Hour Opens: Clear indicators for important price levels.
Retest Detection: Emphasizes price retests at hourly open levels.
Average Price Lines: Provides average prices for enhanced trend evaluation.
High and Low Indicators: Identifies hourly high and low points.
How to Utilize the XAUUSD BUY AND SELL
Trend Evaluation: leverage moving average and 4-hour levels to pinpoint potential support and resistance zones, aiding traders in making informed entry and exit decisions.
Retest Approach: Monitor retests at hourly opens to identify possible reversals or continuations of trends.
Liquidity Sweep Approach: Spot key levels where liquidity is expected to gather, such as previous hour highs and lows, to seize rapid price movements.
Equal Highs and Lows Approach: Analyze repeated highs or lows to determine robust support or resistance levels and predict significant price shifts.
Benefits of the XAUUSD BUY and sell
Adjustable Zone Width: Modify the width around the 1-Hour Open to customize the zone.
Retest Indicators: Toggle markers that indicate price retests on or off.
Volume Filter: Emphasize retests accompanied by substantial volume to minimize distractions.
1-Hour Average Line: Present the average price from the last hour for trend assessment.
Hourly High & Low Indicators: Mark the highest and lowest prices within each hour for quick reference.
Conclusion
The XAUUSD buy and sell is an invaluable tool for intraday traders. By providing a detailed and dynamic view of price levels, trends, and retests, it enhances decision-making and helps capture short-term trading opportunities.
Trend Strategy with Stop LossBUY: Supertrend bullish (green)+RSI < 65(not overbought) + Price above 50 period SMA
SELL: Supertrend flips bearish
4H Trade Alert StrategySteps to Configure Alerts in TradingView
Add this script to the Pine Editor and save it.
Click "Add to Chart".
Go to the Alerts tab in TradingView.
Create a new alert:
Select the script (e.g., "4H Trade Alert Strategy").
Set the condition to "4H Trade Alert".
Customize the alert frequency and notification method (e.g., pop-up, email, webhook).
Save the alert, and it will trigger whenever the conditions are met.
IU Ocean OscillatorIU Ocean Oscillator is a momentum-based oscillator designed to identify trend exhaustion and potential reversals. This indicator is calculated using:
- Acceleration Factor (AF): Measures the rate of change in price momentum.
- Volatility Expansion (VE): Captures market volatility over a given period.
- Trend Exhaustion Index (TEI): Normalized ratio of AF and VE, scaled between 0 and 100.
- Signal Line: A smoothed moving average of the TEI for better trend clarity.
User Inputs
- Lookback Period: Defines the number of bars used for calculations.
- Overbought Level: Sets the threshold for overbought conditions (default: 85).
- Oversold Level: Sets the threshold for oversold conditions (default: 15).
- Show Acceleration Factor: Option to display the raw TEI values.
Key Features:
- Overbought and oversold levels to identify potential reversal zones.
- Gradient-colored signal line to visualize trend strength.
- Optional display of the Acceleration Factor for advanced analysis.
- Unique oceanic theme with dynamic elements like coral, bubbles, and blowfish.
This oscillator helps traders gauge trend strength, exhaustion, and possible reversals, making it useful for various trading strategies.
Arpeet MACDOverview
This strategy is based on the zero-lag version of the MACD (Moving Average Convergence Divergence) indicator, which captures short-term trends by quickly responding to price changes, enabling high-frequency trading. The strategy uses two moving averages with different periods (fast and slow lines) to construct the MACD indicator and introduces a zero-lag algorithm to eliminate the delay between the indicator and the price, improving the timeliness of signals. Additionally, the crossover of the signal line and the MACD line is used as buy and sell signals, and alerts are set up to help traders seize trading opportunities in a timely manner.
Strategy Principle
Calculate the EMA (Exponential Moving Average) or SMA (Simple Moving Average) of the fast line (default 12 periods) and slow line (default 26 periods).
Use the zero-lag algorithm to double-smooth the fast and slow lines, eliminating the delay between the indicator and the price.
The MACD line is formed by the difference between the zero-lag fast line and the zero-lag slow line.
The signal line is formed by the EMA (default 9 periods) or SMA of the MACD line.
The MACD histogram is formed by the difference between the MACD line and the signal line, with blue representing positive values and red representing negative values.
When the MACD line crosses the signal line from below and the crossover point is below the zero axis, a buy signal (blue dot) is generated.
When the MACD line crosses the signal line from above and the crossover point is above the zero axis, a sell signal (red dot) is generated.
The strategy automatically places orders based on the buy and sell signals and triggers corresponding alerts.
Advantage Analysis
The zero-lag algorithm effectively eliminates the delay between the indicator and the price, improving the timeliness and accuracy of signals.
The design of dual moving averages can better capture market trends and adapt to different market environments.
The MACD histogram intuitively reflects the comparison of bullish and bearish forces, assisting in trading decisions.
The automatic order placement and alert functions make it convenient for traders to seize trading opportunities in a timely manner, improving trading efficiency.
Risk Analysis
In volatile markets, frequent crossover signals may lead to overtrading and losses.
Improper parameter settings may cause signal distortion and affect strategy performance.
The strategy relies on historical data for calculations and has poor adaptability to sudden events and black swan events.
Optimization Direction
Introduce trend confirmation indicators, such as ADX, to filter out false signals in volatile markets.
Optimize parameters to find the best combination of fast and slow line periods and signal line periods, improving strategy stability.
Combine other technical indicators or fundamental factors to construct a multi-factor model, improving risk-adjusted returns of the strategy.
Introduce stop-loss and take-profit mechanisms to control single-trade risk.
Summary
The MACD Dual Crossover Zero Lag Trading Strategy achieves high-frequency trading by quickly responding to price changes and capturing short-term trends. The zero-lag algorithm and dual moving average design improve the timeliness and accuracy of signals. The strategy has certain advantages, such as intuitive signals and convenient operation, but also faces risks such as overtrading and parameter sensitivity. In the future, the strategy can be optimized by introducing trend confirmation indicators, parameter optimization, multi-factor models, etc., to improve the robustness and profitability of the strategy.
3 EMA vs 5 EMA Crossover Strategy When 3 EMA crossed 5 EMA on the upside, BUY. When 3 EMA Crosses 5 EMA on the downside, SELL. This will be a continuous trade, so one exit will also mean one new entry