Though it may sound complex, the Vortex Indicator is essentially an uptrend line and a downtrend line. The vortex indicator can be used for a variety of purposes, including tracking the strength of trends, identifying/anticipating reversals, and generating entry/exit signals. It’s calculation is shown in the open-source code below. To reduce the number of...
This is a simple tool that gives traders a simple visual representation of Volume-Weighted Moving Average ( VWMA ) crossovers that is pretty similar to the MACD . We don't typically trade solely based on the VWMA , but it is definitely one of our go-to tools when combining multiple indicators. When trading with VWMA's, it is common to enter a position when the...
UT Bot indicator was initially developer by @Yo_adriiiiaan The idea of original code belongs @HPotter These are v4 alerts for my previously published strategy: Original script:
Dear all, you might wonder is there a confirmation indicator that has a high hit rate, is dependable, and could rely on the information it gives you when making a decision? Here I present an indicator I developed specifically for cryptocurrency, in the minds of eliminating fakeouts and traps. Trend is always invalid then there is a lack of volume, so by...
Credit goes to the original writer of the script, Quantadelic, who generously allowed anyone to copy/edit. I adjusted the value of the bottom/top intercept and slope to better fit the March 2020 coronavirus dip. Use Bitstamp BTCUSD for better reading.
Only for Bitcoin! This indicator locates weekly gaps created by the CME Futures market for Bitcoin. As you can see, Bitcoin tends to close the weekly gaps created in the futures market so I thought this could be a very useful tool. Instead of having to look between multiple charts, this simply overlays the past weeks open and close should a gap appear. I...
Here's an updated version of our Vortex Trend Tracker indicator. Here's the link to the original if anyone wants to read more about the Vortex or see the first version: We've added in 4 rsi's of varying lengths for this second version(2 fast and 2 slow) that create the background color effect.
This is an experiment I did a while back ago. I often think On Balance Volume is a great indicator as trend direction and volume cannot lie. However, I bumped into a few problems. It is slow, doesn't show volatility and often time it is prone to chop. That's why I added ATR to the equation. Original OBV calculation src > 0? : +volume : src < 0?...
Personal DMI and ADX script ADX color change from positive vs negative momentum DMI Color fill based on DMI+/- positive momentum No fill color during lack of momentum
This is an indicator I created recently, with the mind of spotting where price might reverse and where the price is trending. You can see this as the primary indicator for your system, however, it is recommended you use this in conjunction with other confirmation indicators. This script focus solely on ATR or Average True Range. This indicator is the...
CME bitcoin futures volume multiplied by 5, as each contract is 5 bitcoin. Days when the exchange are closed shows no volume.
Here's a modified version of the Elder Ray Index created by the famed Dr.Alexander Elder. This indicator has proven to be especially helpful lately given the crazy state of crypto. Slow Moving Average : The top chart shows the moving average used to filter trends. I recommend using a higher window length(can be adjusted with the 'lenSlowMA' input option). I...
Hi everyone This in an indicator inspired by Scarrff I added the XBT quarterly and yearly settlement dates Enjoy David
Hi all, Base on RSI, I write this script for Bitmext XBTUSD pair, in 15M timeframe. I tested and it gave me many correctly signals so I hope you will love it Note: - this script can use in other timeframe but I wrote it for 15m so, it's best in 15m -you should combine with more indicators for best entry/exit, but, you can easily follow this in 3-5 candles and...
This script compares FTX BTC/PERP (BTC perpetual futures contract) price to Binance BTC/USDT spot and colors it red. It also plots Bitmex's BTC perpetual futures compared to Binance spot and colors it blue. FTX = red Bitmex = blue Now you can easily see that you can get a 1% discount on FTX perpetuals when it is tanking. This tells you that you can set your...
Similar to my other indicators, but measures XBTUSD Contango in terms of percent. Also, built it so you could change the values that give the red and green signals. Default values are 0% or less (backwardation) indicates green. However, i found that a 0.5% setting worked will finding local bottoms for current contract of XBTH20 (March 2020). The upper value...
Description: meant to be used with BTCUSD (or XBTUSD ) on 3 mins to 1h candles charts. Idea is to provide a tool to detect break-out's from a dead band around an EMA, and to detect back-in's to the dead band. Detection is fundamentally based on how much %, at least, a certain candle body has ruptured the dead band (adjustable). Long and short flags are placed...