Simple signal buy and sell with emas crossing, works way better in daily charts
Triple Parabolic SAR scalping method must be used with a 5 minute chart. Look for the patterns that 3 bands overlap. Close deal within 4-5 pip profit or build your own style after getting comfortable with this technique and share your approach with us for maybe higher profits.
I had numerous requests and complains on why signals are only generated on larger time frames. (rarely 4hr and mostly daily and weekly time frames) Now the sensitivity of signals generated can be manually adjusted to work on all time frames. It is advisable to play around with the sensitivity on your favorite time frame to get a combination that works for you....
Hey all; Been a while since I posted anything that didnt require approval to use -- so here is one that I really like I call it 420_osc essentially it is a volume weighted moving average cross that also take into account some log() filtering and some other cumulative summing This also has a BBand shrinkage indicator (blue crosses at bottom) to see when the b...
The TPR(Trend Pullback Reversal) indicator forms a possible price trend with support and resistance lines. It also comes with a unqiue band and center line as additional features. TPR works on all timeframes and all symbols and all type of bar chart. TPR never repaints. There are 4 Parameters: Period: umber of bars used for calculations Factor:...
I took /u/HarryPotter's interpretation of the Klinger Volume Oscillator, modified a few values in its calculation (as you can see the scale is much much smaller than in /u/harrypotter's version; I also performed an inverse fisher transform on it, and added some signal coloring. I use this on pretty low time frames (3-5-15 min) with a demarker(13) for...
Thanks for your feedback in regard to the Magic Circles indicator. As a common question, Magic Circles indicator uses an ATR based trend indicator in conjunction with a Parabolic SAR indicator for creating signals. Blue is neutral. Green is buy and red is sell. A hollow green circle followed by a regular green indicates a strong buy while a hollow red circle...
Indicator is based on 5 moving averages. A price tracking MA(12), a short period MA(21), a signal MA(50) which often used in conjunction with the short MA, and two long period moving averages 100 and 200 respectively. If close price is above the moving averages graph lights yellow, below turns red. The top bar represents the MA(12). Going below is the longer...
RSI DIVERGENCE is a difference between a fast and a slow RSI. Default values are 5 for the fast one and 14 for the slow one. You can use this indicator in 2 different ways: normal RSI : check double or triple top/bottom on a chart meanwhile RSI is descending/ascending (check the example on chart) signal line : when RSI Divergence cross zero line from...
Stochastic Momentum Index (SMI) or Stoch MTM is used to find oversold and overbought zones. It also helps to figureout whether to enter short trade or long trade. Red Shade in the Top indicates that the stock is oversold and the Green shade in the bottom indicates overbought. Strategy: Enter Long once the Overbought Zone ended and there's a crossover...
You can create an alert based on this signal :) Works on standard and Heikin-ashi candles You can also adjust the sensitivity (how big you want the body of the doji) :)
study(title="Just Nifty RSI(9)", shorttitle="RSI9") src = close, len = input(9, minval=9, title="Length") up = sma(max(change(src), 0), len) down = sma(-min(change(src), 0), len) rsi = down == 0 ? 100 : up == 0 ? 0 : 100 - (100 / (1 + up / down)) plot(rsi, color=blue) band1 = hline(80) band0 = hline(20) fill(band1, band0, color=purple,...
Hey everyone, this is one strategy that I have found profitable over time. It is a multiple time frame strategy that utilizes 3 time-frames. Highest time-frame is the trend, medium time-frame is the momentum and short time-frame is the entry point. Long Term: - If closed candle is above entry then we are looking for longs, otherwise we are looking for shorts ...
Modified Ichimoku indicator with signals from PanOptic Method by User Ichimoku_Trader.
I don't expect to iterate any further on this script, unless any weird issue crops up. Description and usage detailed in the comments at the top of the script. Cheers! To repaint or not to repaint, all the relevant sources are exposed as inputs for customisation - so the choice is yours. Cheers!
EXPERIMENTAL: added titles to inputs and plots for better understanding what is what(DCC) M = middle, T = top, B = bottom, S = signal.