Gggoaaat — Indicators and Strategies

Power Hour Money Strategy Description of the Pine Script Code: "Power Hour Money Strategy" This Pine Script strategy, "Power Hour Money Strategy," is designed to trade based on the alignment of multiple time frames (month, week, day, and hour). The strategy aims to enter long or short positions depending on whether all selected time frames are in sync (all green for long positions, all red for short positions). Additionally, the script includes configurations for trading during specific sessions and automatically closing positions at the end of the trading day. Core Features: 1. Time Frame Sync Check: - The strategy evaluates whether the current price is higher than the opening price for the month, week, day, and hour to determine if each time frame is "green" (bullish) or "red" (bearish). 2. Session Control: - The user can select between different trading sessions: - "NY Session 9:30-11:30" - "Extended NY Session 8-4" - "All Sessions" - Trades are only executed if the current time falls within the selected session. 3. Trailing Stop Mechanism: - The strategy includes an optional trailing stop mechanism for both long and short positions. - The trailing stop is configured with a percentage loss from the current price to protect gains. 4. End-of-Day Position Management: - An option is provided to automatically close all positions at the end of the trading day (5:45 PM Eastern Time). Detailed Code Breakdown: 1. Input Settings: - **Session Selection**: Allows the user to choose the trading session. - **End-of-Day Close**: Option to automatically close positions at the end of the day. - **Trailing Stop Loss**: Enables or disables the trailing stop loss feature and sets the percentage for long and short positions. 2. Time Frame Calculations: - The script uses `request.security` to get the opening prices for higher time frames (monthly, weekly, daily, and hourly). - It compares the current close price to these opening prices to determine if each time frame is green or red. 3. Session Time Definitions: - Defines the start and end times for the NY session (9:30-11:30 AM) and the extended session (8:00 AM - 4:00 PM). 4. Trade Execution: - The strategy checks if all selected time frames are in sync and if the current time falls within the trading session. - If all conditions are met, it enters a long or short position. 5. Trailing Stop Loss Implementation: - Adjusts the stop price based on the trailing percentage and the current position's size. - Automatically exits positions if the trailing stop condition is met. 6. End-of-Day Close Implementation: - Uses a timestamp to check if the current time is 5:45 PM Eastern Time. - Closes all positions if the end-of-day condition is met. 7. Plotting and Logging: - Plots indicators to visualize the green/red status of each time frame. - Logs information about the status of each time frame for debugging and analysis. Example Usage: Entering a Long Position: If the month, week, day, and hour are all green and the current time is within the selected session, a long position is entered. Entering a Short Position: If the month, week, day, and hour are all red and the current time is within the selected session, a short position is entered. Trailing Stop: Protects gains by exiting the position if the price moves against the set trailing stop percentage. End-of-Day Close: Automatically closes all open positions at 5:45 PM Eastern Time if enabled. This strategy is particularly useful for traders who want to ensure that multiple time frames are in alignment before entering a trade and who wish to manage positions effectively throughout the trading day with specific session controls and trailing stops.

Fibonacci Adaptive Timeframe EMA (FAT EMA)The "Fibonacci Adaptive Timeframe EMA" is a sophisticated trading indicator designed for the TradingView platform, leveraging the power of Exponential Moving Averages (EMAs) determined by Fibonacci sequence lengths to provide traders with dynamic market insights. This indicator overlays directly on the price chart, offering a unique blend of trend analysis, smoothing techniques, and timeframe adaptability, making it an invaluable tool for traders looking to enhance their technical analysis strategy. Key Features 1. Fibonacci-Based EMA Lengths: Utilizes the Fibonacci sequence to select EMA lengths, incorporating natural mathematical ratios believed to be significant in financial markets. The available lengths range from 1 to 987, allowing for detailed trend analysis over various periods. 2. Multiple Smoothing Methods: Offers the choice between several smoothing techniques, including Simple Moving Average (SMA), Exponential Moving Average (EMA), Smoothed Moving Average (SMMA or RMA), Weighted Moving Average (WMA), and Volume Weighted Moving Average (VWMA). This versatility ensures that users can tailor the indicator to suit their analytical preferences. 3. Timeframe Adaptability: Features the ability to fetch and calculate EMAs from different timeframes, providing a multi-timeframe analysis within a single chart view. This adaptability gives traders a broader perspective on market trends, enabling more informed decision-making. 4. Dynamic Visualization Options: Traders can customize the display to suit their analysis needs, including toggling the visibility of Fibonacci EMA lines, EMA prices, and smoothed EMA lines. Additionally, forecast lines can be projected into the future, offering speculative insights based on current trends. 5. Ema Tail Visualization: An innovative feature allowing for the visualization of the 'tail' or the continuation of EMA lines, which can be particularly useful for identifying trend persistence or reversal points. 6. User-friendly Customization: Through a series of input options, traders can easily adjust the source data, Fibonacci lengths, smoothing method, and visual aspects such as line colors and transparency, ensuring a seamless integration into any trading strategy. Application and Use Cases The "Fibonacci Adaptive Timeframe EMA" indicator is designed for traders who appreciate the significance of Fibonacci numbers in market analysis and seek a flexible tool to analyze trends across different timeframes. Whether it's for scalping, day trading, or long-term investing, this indicator can provide valuable insights into price dynamics, trend strengths, and potential reversal points. Its adaptability makes it suitable for various asset classes, including stocks, forex, commodities, and cryptocurrencies.

Fibonacci Timeframe Adaptive EMA The "Fibonacci Timeframe Adaptive EMA" is a sophisticated trading indicator designed for the TradingView platform, leveraging the power of Exponential Moving Averages (EMAs) determined by Fibonacci sequence lengths to provide traders with dynamic market insights. This indicator overlays directly on the price chart, offering a unique blend of trend analysis, smoothing techniques, and timeframe adaptability, making it an invaluable tool for traders looking to enhance their technical analysis strategy. Key Features 1. Fibonacci-Based EMA Lengths: Utilizes the Fibonacci sequence to select EMA lengths, incorporating natural mathematical ratios believed to be significant in financial markets. The available lengths range from 1 to 987, allowing for detailed trend analysis over various periods. 2. Multiple Smoothing Methods: Offers the choice between several smoothing techniques, including Simple Moving Average (SMA), Exponential Moving Average (EMA), Smoothed Moving Average (SMMA or RMA), Weighted Moving Average (WMA), and Volume Weighted Moving Average (VWMA). This versatility ensures that users can tailor the indicator to suit their analytical preferences. 3. Timeframe Adaptability: Features the ability to fetch and calculate EMAs from different timeframes, providing a multi-timeframe analysis within a single chart view. This adaptability gives traders a broader perspective on market trends, enabling more informed decision-making. 4. Dynamic Visualization Options: Traders can customize the display to suit their analysis needs, including toggling the visibility of Fibonacci EMA lines, EMA prices, and smoothed EMA lines. Additionally, forecast lines can be projected into the future, offering speculative insights based on current trends. 5. Ema Tail Visualization: An innovative feature allowing for the visualization of the 'tail' or the continuation of EMA lines, which can be particularly useful for identifying trend persistence or reversal points. 6. User-friendly Customization: Through a series of input options, traders can easily adjust the source data, Fibonacci lengths, smoothing method, and visual aspects such as line colors and transparency, ensuring a seamless integration into any trading strategy. Application and Use Cases The "Fibonacci Timeframe Adaptive EMA" indicator is designed for traders who appreciate the significance of Fibonacci numbers in market analysis and seek a flexible tool to analyze trends across different timeframes. Whether it's for scalping, day trading, or long-term investing, this indicator can provide valuable insights into price dynamics, trend strengths, and potential reversal points. Its adaptability makes it suitable for various asset classes, including stocks, forex, commodities, and cryptocurrencies.

Golden Level Predictions v1.0 Golden Level Predictions (GLP) Trading Indicator This script introduces a custom trading indicator named "GLP" tailored for the TradingView platform. It offers various price levels derived from Fibonacci calculations and other mathematical models, assisting traders in pinpointing potential overpriced and discounted price levels. Key Features: User Inputs : Users have the flexibility to select their desired timeframe, with options ranging from Weekly, Daily, Monthly, and more. Additionally, they can opt to showcase Fibonacci lines and the associated prices within these levels. Price Level Calculations : - Employs constants such as the Golden Ratio (PHI) and Pi (PI) to extract various multipliers and factors. - Assesses if the current asset is a cryptocurrency and tweaks calculations accordingly. - Determines overpriced and discounted price levels, drawing from the current open price and past data. Fibonacci Levels : - For each overpriced and discounted level, the script computes intermediary Fibonacci levels, including 23.6%, 38.2%, 50%, 61.8%, and 78.6% (the 3rd level is excluded due to plot limitations). - These levels are illustrated on the chart, granting traders a more detailed view of price targets. Visual Elements : - Projects horizontal lines to the subsequent selected indicator interval for every calculated price level. - Exhibits potential percentage gains or losses at each tier, indicating the prospective price alteration upon reaching that level. - Differentiates overpriced (green) and discounted (red) levels using color codes. A neutral price is depicted in yellow. Anticipated Close Calculation : Offers a projected closing price for the current timeframe, based on a myriad of factors. This indicator is particularly effective with cryptocurrencies due to their inherent volatility. It's also compatible with stocks and is most efficient with tickers that provide volume data.