Example how to set the time range window to be backtested for both entries and exits. Additional examples are also included showing how to set the date range and toggle plot visibility. By incorporating this code with your own strategy's logic, it will allow you to backtest various time windows. Much gratitude to @LucF and @a.tesla2018 for help with including...
This script plots an extension my other script High, Low, Inbetween. It sometimes makes it difficult to view the candles effectively so I've added this separately to my other script It calculates the range between high/low and midpoint. It then plots these lines as extensions from the high and low. This is done twice.
This indicator plots the daily high and low from the previous day. (BLACK) It then calculates the midpoint of the high and low and plots this. (RED) This indicator can be used to identify daily ranges and to identify possible support and resistance levels.
Simple script made to identify trading ranges in any timeframe The oscillator bounces between 1 and 0. 1 means that the current asset is in a trading range and 0 meaning it is not. The determination of a trading range is determined by the following: ATR(14)40 and RSI<60 ADX<25 Due to all 3 having to be fulfilled in order for the oscillator to show there is...
This indicator normalizes Day's candle with Open. Idea is to see the daily movement in the context of the Open of the Day. Larry Williams talks about Open being the most important price of the day. Hence, this indicator. The Green line is average Open-to-High for occurrences of Red days. The Red line is average Open-to-Low for occurrences of Green days. Average...
The indicator is based on making the standard deviation (where the mean is a moving average) a two-lines cross indicator, by applying an MA over it. When the standard deviation is above the MA, there is considered to be enough volatility in the market for trends to form. Blue background = There is ACTION in the market -- signals it should be safe to trade Gray...
This is the last of the 'RePaNoCHa' script for Automatic Trading ;-) ... This time with two take profits ... It Use 6 indicators + volume: -JURIK MOVING AVERAGE -RANGE FILTER -ADX -PARABOLIC SAR -RSI + VOLUME WEIGHTED -MACD -VOLUME To close the position you can choose between 2 Take Profit and the amount to use on each one. You can transform it yourself into...
Plots the the highest true range for the entire dataset. Beneficial for determine an emergency stopp loss.
Developing Range v1.0 ---------------------------- Azimuth Dynamics Scalping tool for help finding potentially high probability reactive levels. I suggest using on a 5min chart. GRAY BAND: yesterday's High-Low range BLUE BAND: today's Developing Range. Mean of today's High-Low range so far and yesterday's High-Low range, this is calculated for each of...
Once market opens, the strategy calculates the price to send a stop buy order The order is calculated as the sum of yesterday's range multiplied by a special number and today's open price System has no stops yet System closes the position on session close The performance is quite good Feel free to use it and trade it Good luck and good trading
TRI - The Range Indicator by Jack Weinberg Developed by Jack Weinberg, Range indicator compares intraday range with inter-day range Intraday range is bar’s (high – low) and inter-day range is (Close – Close-1) Author had a strong belief that crossing of intraday range outside the inter-day range is an indication of end of current trend It oscillates between 0...
ADR - Average Day Range Tradingview Screener Average Day Range (ADR)
Hey traders, at first thanks to the one and only Master Educator Stefan Kassing for sharing his legendary system with us! And also credit to Mortdiggiddy , RootDuk and PineCoders for helping me with the script =) This script is calculating the daily range (in pips) of the current market you are in, in relation to the last 70 days (10 weeks) . It...
A revision on the famous Monday Range Script, with the first day of the week goes to Monday for FX trading.
Example how to automatically set the date range window to be backtested from X days or weeks ago to present. Additional options are also included to manually set the date range or to show entire range available. Normally when you change chart period it changes the number of days being backtested, which means as you increase the chart period (for example from 5min...
Hi everyone Website will be opening very shortly :) Sorting out the last details and we're so excited to finally roll-out our different Algorithm Builders for you guys Forewords This present script is an evolution of the TMA bands . I would never have expected that script to become so popular to be honest This is not only a study or idea but a really proven...