Hello Traders, I'd like to introduce you all to the Awesome MACD+ indicator. As most of you know, the Moving Average Convergence Divergence, MACD, indicator is a one of the most popular indicator among traders. The MACD is a trend-momentum indicator that measures the relationship between moving averages and uses a signal line to show crossovers between the...
Boom Hunter Pro is the ultimate indicator for targeting perfect long entries and epic shorts. Boom Hunter comes with a super fast oscillator that uses Ehlers Early Onset Trend (EOT). This is the Center Of Gravity Oscillator (COG) with a super smoothing filter and a roofing filter. This indicator is tuned for 1 hour charts but can be used on any time frame. ...
The LSMA Wave Rider uses Least Squares Moving Average to make a fast oscillator ideal for scalping lower timeframe charts. Upper and lower bands contract during pullback and expand as it "booms". The perfect entry is the first crossover after bands expand. This is a great tool for entering trades. The above image shows two examples of perfect entries: 1. The...
So, Dear Friends, I am open-sourcing one of my scripts which I created as a thesis project, The Auto Trader System is a Scalping Tool , to be used mostly in intraday Setups!! and is designed using, 1. Fibonacci Bands Fibo Bands are Calculated by defining dynamic Fibonacci Pivots Lines over a history of Lookup values (Default is 89 periods lookback), The...
This is a 5 min, Trend following system using two Ema's: 20 and 50 Probability of hitting the target is high when both Ema's are: Rising and almost parallel, for Buying Falling and almost parallel, for Selling This will decrease the number of entries but probability of hitting the target is 88% (Tested on 8 months data for FnO scrips cash on 5 mins data) Target...
// This source code is subject to the terms of the Mozilla Public License 2.0 at mozilla.org // © 03.freeman //This is indicator from LazyBear is very accurate for stocks and indexes. //I added some code snippets for spot and draw divergences automatically // // @author LazyBear // // Best use with daily time frame. Enter when a divergence is found (Bull or...
Simply look for a 12 point long bar and that's a perfect time to buy the security