This indicator give as a donchian channel as bollinger when the coin bellow the median the asset is bearish zone and opposite when its above the median you can change the time frame=now on 1440 min and the standart deviation of the donchian as you wish so this model try to make the donchian channel to be more flexible like bollinger to some extent
Hello guys ! Here is a ready to use BITFINEX:ETHBTC Automated Strategy with Long and Short Alerts ! You can see the backtest below using 100% equity of 10 000$, 0.1% commission, long and short trades with no leverage. Indicator used Leave a comment to get your trial ! or Get the indicator today !
Built upon my latest script Already configured for BINANCE:BTCUSDT in 3H timeframe. Backtest results below using 100% equity of 10 000$, 0.05% commission, and only buy and sell trades. Leave a comment to get your trial or Get the indicator today !
Alert Setup version Get the Free Backtest version here : This version includes a new feature. Trailing Take Profit with % deviation. For those seeing the indicator for the first time, it works like Donchian Channels with lag and a channel width condition to detect breakouts. On top of that I integrated a Stop Loss and Take Profit system to...
Hi guys, I improved my script once again :) This version includes a new feature. Trailing Take Profit with % deviation. For those seeing the indicator for the first time, it works like Donchian Channels with lag and a channel width condition to detect breakouts. On top of that I integrated a Stop Loss and Take Profit system to pinescript. Backtest results...
Introduction There is a lot of indicators similar to this one, however i think this one don't share the same calculation method and this is why i share it. This indicator aim to forecast price direction using an exponential filter architecture using highest and lowest information for the estimation of a smoothing variable. This filter is similar to the average...
Added TSL in Green and Red Buy/Sell above Midline(Black)
Conditions: 1. Centre line above close long entry, exit centre line below close. 2. Centre line below close short entry, exit centre line below close. 3. But For now I coded like Long Exit becomes entry for Short and vice versa Have to further Update
A simple but very useful indicator that plots higher highs and lowers lows and that can be reset each hour, day, week or month, so it can plot new HH and new LL only in that range. It can be used as it it, combined with other indicators or for TA (it's an entire story about highs and lows, google and youtube are your friends). Alerts for HH/LL and for the first...
Introduction Channels are used a lot on technical-analysis, however most of the them rely on adding/subtracting a volatility indicator to a central tendency indicator, sometimes the central tendency indicator can even be replaced by pure price. A great channel who does not rely on this kind of architecture is the Donchian channels or the quartiles bands. Here i...
TAD System A revolution system designed to make trading easy for beginners and non-experienced traders to know when to BUY or when to SELL. The TAD System was founded by Mr Fred Tam, the principal lecturer of technical analysis in F1 Academy. TAD stands for Turtle, Atom & Duck. The TAD System is basically a combination of several indicators which are included...
Here it a TSI with MTF function , together with Donchian high and low channel the best entry and exit are shown in arrow
This uses a Donchian center line and adds an ATR multiple to generate a channel.
The TURTLE indicator came from the popular and famous Turtle Trading by Richard Donchian. However the TURTLE indicator is to be used alongside with the ATOM & DUCK indicators. As with all 3 indicators used alongside will become the TAD Trading System. As it is straight forward, a BUY or SELL signal is determined when all 3 arrows of the indicators are aligned together.
This script uses the last hlc3 value of 1H, 4H, D and/or W and rotates it 360º up/down with four increments of 90º to find out potential support and resistance areas. Can be used as a dynamic support & resistance tool or just to gauge how overbought/oversold the market is. Special thanks to @Nv56 for his assistance in writing this script.