This repo contains all of the scripts I wrote for TradingView.
The scripts here are bands with usually an upper, mid and bottom ranges.
The bands are composed of these:
- Upper: VWMA with highs as source
- Mid: VWMA with HL2 as source
- Bottom: VWMA with lows as source
I find the best period for the band is 5
. It's important for the band to be closer to the price. VWMA is a volume based average, to widen the band, volume must increase.
There is a threshold setting which is gonna be different for assets and timeframes. Experiment with your own ideas.
The scripts here are oscillators usually being used to spot overbought or oversold conditions which is a load of crap. Using these as divergences spotter bodes well.
Money Flow Index indicator script taken from https://www.tradingview.com/script/g58H59ub-Money-Flow-Index-Beasley-Savage/.
The scripts are are histograms to spot weaknesses we can exploit. Also good for divergences if applicable.
Modified from https://www.tradingview.com/script/og7JPrRA-CM-Williams-Vix-Fix-Finds-Market-Bottoms/ to also draw red bars for shorting opportunities.
The scripts here will plot bullish and bearish divergences both hiddens or regulars.
This is by far the most accurate divergence indicator in any timeframe. It's hard to go wrong with AO.
Modified TradingView's built-in Divergences Indicator
script to use Commodity Channel Index indicator as the oscillator.
Modified TradingView's built-in Divergences Indicator
script to use Commodity Channel Index indicator as the oscillator. There are 2 oscillators with bullish divergences calculated from candle lows while bearish divergences are calculated from candle highs.
Modified TradingView's built in Divergences Indicator
script to use Money Flow Index indicator as the oscillator. Money Flow Index indicator script taken from https://www.tradingview.com/script/g58H59ub-Money-Flow-Index-Beasley-Savage/.
This indicator uses On Balance Volume indicator as the oscillator to spot for divergences.
This indicator uses Stochastic RSI indicator as the oscillator to spot for divergences.
The scripts here will plot moving average indicators.
Use 3 VWMA ribbons with only 1 indicator.
The scripts here mainly highlight reversals.
This script will highlight bullish and bearish engulfing candles with arrows on your chart. Using EMA as a confirmation if you wish to draw the arrows.
This script will highlight bullish and bearish engulfing candles with arrows on your chart. Using VWMA as a confirmation if you wish to draw the arrows. Also shows a second VWMA line for reference.
Pivot Points to show support/resistance.
Uses the previous day's values to project today's pivots. Automatically updated when daily candles are closed.