Script for automatic trading with Alerts (Use Backtest to customize your own settings) All timeframes but good results on 2H. LG --> Long ST --> Short TS --> Trailing Stop xL --> Close Long Position xS --> Close Short Position SL --> Stop Loss The trailing stop closes the trade if the price changes direction by a specified percentage or offset. There is no...
Introduction People often ask me what is my best indicators, i can't really respond to this question with a straight answer but i would say you to check this indicator. The Autonomous Recursive Moving Average (ARMA) is an adaptive moving average that try to minimize the sum of squares thanks to a ternary operator, this choice can seem surprising since most of...
a few functions to generate pseudo random values.
Chris Moody's script. I just lessened the line/circle width, got rid of the highlighting overall, and reduced the highlighting between OR high and OR low.
A number of experiments have been tested, refined and combined into a trend following system. There's elements of pivot boss, multiple length volume weighted ALMA based trend detection (optional MTF) and my own "chandelier" based cycle/volatility bands. Inner bands indicate short term volatility range, support/resistance, Outer bands medium term. Inner band...
Having good pattern recognition? Use this indicator to test and practice it. Market is full of life, with seasons. 9 Seasons Rainbow Indicator displays 9 seasons of any trading instrument in multiple time frames, helping traders and investors understand the flow of price. The combination of seasons in different time dimensions may give perfect trading signals,...
This script tries to identify trending regions and ranging choppy regions. Green areas are trends; Red areas are consolidation areas. If you are a trend follower trader you should focus on green areas; If you are a harmonic pattern trader you should focus on red areas. I did not play with the parameters extensively, but as a rule of thumb higher parameters...
A range based on a user chosen top and bottom. With that the: Middle of range +/- 0.25% / 0.5% / 1% away from middle of the range +/- 0.5% / 1% away from range top and range bottom are given. A list of my premium indicators: medium.com Below are some examples of how a range can be chosen: Another way is choosing a higher timeframe candle that...
The historical range of an instrument relative to price.
This script just shows a histogram of the daily range. You can change the interval to view the high/low range of any period, but I use it just to see what the day's range is and how it compares to prior days. Simple and straightforward.
This indicator was originally developed by Vitali Apirine (Stocks & Commodities , V.34:9 (August, 2016): "The Middle-High-Low Moving Average"). You can use it to create a crossover trading system in conjuction with EMA/SMA. Good luck!
It's a useful script for pairs where you can operate long and short. It's a combination algorithm of the Range filter and the ADX. The ADX helps to make the decision to enter to open long or short position. LG --> Long xL --> Close Long position ST --> Short xS --> close Short Position Enjoy!!!
B3 Extended Stochastic ~ This is my personal take on the standard "Stochastic Full" study that most platforms natively carry. However, this is slightly more powerful. The simple difference is that in a normal stochastic indicator, 0 and 100 are the minimum and maximum values. Here there is no min/max, hence the title "Extended Stochastic." When extended...
INVITE ONLY SCRIPT: FEATURES: As its name suggests, Framework is here to offer a non-subjective frame of reference to traders. Effectively filtering 90% of prices offering poor risk management opportunities. More importantly this is a multi-timeframe tool that will scan across three time frames all at once, offering a final synthesized rendering. Our goal was...
"This is an experimental study designed to filter out minor price action for a clearer view of trends. Inspired by the QQE's volatility filter, this filter applies the process directly to price rather than to a smoothed RSI . First, a smooth average price range is calculated for the basis of the filter and multiplied by a specified amount. Next, the filter is...
Creates an upper and lower level based on the ATR for your selected period. Calculation is based on the following; Shift Variable works by allowing calculation from x-periods back. Upper band = (Daily Low + ATR) Lower Band = (Daily High - ATR)