This is a simple indicator that gives the maximum range of any bar on the chart in ticks. I found it useful when sizing arrays and it might also be valuable when working out risk parameters.
Maddrix club I Scalper (3commas version). The code is very different from the ALERTATRON version. It really is not the same! Maddrix Club I is a simple, straightforward trading algorithm that goes long or short, based on user’s choice. It is considered to be a scalper, because it aims to capture small profits that accumulates and compound over time. The theory...
The goal of this script is honestly to help everyone learn about trading with bots and algos. At least, to get started. Level 1: 10 lines of code. learn to plot 2 moving averages on your chart. learn to create a signal from a crossover. learn the very basics of Pine Script algo.
/ This script calculates the daily resistance and support levels. The entry is when the close breaks these levels. // Then it sets 4 exit lines, if the backtraces these lines you've got your normal exit. // If the close crosses the TP you've got your TP exit. And if the close crosses the SL you've got your SL exit. // This is the good part --> If the...
The color of the RSI inner bands will change from Purple to Green if RSI >70 and they will change to yellow if RSI >75. Nothing else has been changed from the standard RSI. Please understand I'm testing how publishing indicators works in Trading View. I have only done a minor adjustment to the RSI indicator, but I plan to do much more once I fully understand the...