BB21_MA200_StrategyThis strategy follows the trend and keeps you in the trend until it breaks SMA 200
SMA setting is 200
BB setting is 21
BUY
====
when BB is (lower band and upper band) above SMA 200 and price crossing above BB middle line
Partial Exit
==========
When Lower BB crossing down SMA200 , exit 30%
Total Exit
=========
When BB middle band crosses down SMA200 , exit ALL
Stop Loss
======
default is set to 5%
Risk Management
================
This is new parameter I have introduced in my strategies. Default value is 10% . That means , if your capital is 10000 , you are willing to risk 10% of it ... i.e 1000.
It doesnot mean that you are buying shares/units for 1000 only. It is different ...see below
Your trade size is calculated based on Risk% .... capital x risk 5 / stop Loss units
for further explanation you can check Alexander Elder's risk management rule. He mentioned 2% rule for 100K account. But most of us dont have 100K accounts .. . so I have defaulted 10% on 10K account. You can change this values and see the results. It wont change the number of trades or profit factor. It will increase the net profit.
Warning
=======
For educational purposes only
Sma
Easy System 420In this strategy, 15 indicators are used, each giving its results as a numerical value, which then is added or subtracted from the total points, gathered from all 15 indicators.
Many thanks to RafaelZioni for his great work making the EasySys1 script which i modified to create this script.
Onchart is drawn some of the indicators, but not all, a info panel is drawn showing the value each indicator has calculated. The info panel can be turned on or off.
Many of the indicator settings can be changed by user, and this is recommended, to tune the strategy to users chosen pair/timeframe.
Therefore any pair or timeframe can be used, the strategy tester results showing possible results, remember to set commission to match your broker. example chart settings here have common crypto exchange commission value: 0.25%
indicator list : SAR + STT + ZigZag + ROC + DMI + CCI + Weis + SMA + AO + MOM + Hist + BB + Ichimoku + HMA
WMA DynamicDemonstration of a new feature that allows to change lookback period dynamically, used with WMAs. Rather than WMA any one can be used here (SMA, Alma,...) as long as its second argument supports dynamic change. If not, you have to use your own implementation of MA.
HM systemBlank line is RSI (9 days) line
Green line is EMA (3 days) line
Red line is WMA (21 days) line
when RSI EMA line above 50 & WMA is below both ,it is buy signal
when RSI EMA line below 50 & WMA is above both ,it is sell signal
MA Cross - Multi-Timeframe The MA cross is probably one of my favourite strategies because of its simplicity but it often gets overlooked for more complex strategies.
The original author of this script is ChartArt, I have just added some extra controls and functions which are outlined below. I would just like to add that this is my first published script, everything I have learned about coding has been from studying and tinkering with many of the publicly available scripts on TV so I would like thank all the authors who give out this knowledge so freely!
Updates
- Converted to v4
- Made some graphical changes and provided more control over plots
- Added RMA and VWMA
- Added alerts
Original script can be found here
Golden Triangle StrategyGolden Triangle strategy setup is a variation of the buy-the-dip strategy, by Charlotte Hudgin.
You can find the detailed explanation here by Thomas N. Bulkowski thepatternsite.com
BUY
===
1. price should be trading above sma50
2. when it touches sma50 first time , check the starting rallypoint of where it initiated
3. from the above point to current close , see if you have white space , then draw the triangle
4. then check for volume confirmation ( current volume should be greater than last 4 ) --- I have slightly changed this to fit into hourly strategy by adding condition close>vwap
EXIT
====
1. Exit when close crossing down sma50 with at least 2% profit (slightly modified original condition)
StopLoss
========
2. stop loss is set to 6%
Warning
=======
For the use of educational purposes only
Every single moving average (ALMA, EMA, HMA, KAMA, RMA, SMA...)So you may be looking at the graph and thinking "this is a mess", and I agree.
The purpose of this script is to plot in the same graph every single type of moving average that I could think of, so you can find the ones that are better for your timeframe and for your asset. Once you add it, disable those types that doesn't seem to serve your purpose, until you can select one you like.
The average types are: ALMA, EMA, HMA, KAMA, RMA, SMA, SWMA, VIDYA, VWAP, VWMA, and WMA. Each one is ploted two times (except SWMA and VWAP), one with a short period, and another with a long, both of which you can configure.
7 EMA 3 SMA with nameplatesScript provides 7 EMA (5 20 50 100 200 500 1000), 3 SMA (200 500 1000) with built-in nameplates for easier navigation. Different colors and widths from the start just to make your initial tuning a bit easier.
Based on Bubsan and Silkheat multicombo, heavily modified, but still huge kudos to guys for the base code.
Modifications: lengths adjusted, on-chart nameplates added, 2 EMA's added, SMA's reduced, static SMA's deleted.
Simple SMA Strategy Backtest Part 5Simple SMA strategy
In this stream, we will create an intraday trade cap.
WARNING:
- For purpose educate only
- This script to change bars colors
Stream:
www.tradingview.com
TEMA, DEMA and SMA with crosses with alert functionality
Just a crude but functioning ma indicator with bullish and bearish crosses and alert functionality.
Simple Moving Average CrossThe script uses 3 simple moving averages that you can define (SMA Top, SMA Mid, SMA Long).
Once the SMA Top is above the SMA Mid and the SMA Mid is above the SMA Top a long position is entered.
Once the SMA Top is below the SMA Mid and the SMA Mid is below the SMA Top a short position is entered.
You may define how long before these positions are entered by adjusting the bars in the Inputs section.
A setting of 0 will enter a position as soon as the conditions are met,
whereas a setting of 5 will wait 5 bars after the conditions are met before entering the positions.
SMA StrategyIn this strategy, I took advantage of two different sma intersections for buying and selling points. You can use the intersection of 2 sma values for buying and 2 separate sma intersection for selling.
The main purpose of this strategy is to calculate the rate of return of the indicator belonging to this system. You can access the indicator version from this link and set an alarm.
SMA Strategy - Indicator Version for AlertIn this indicator, I made use of two different sma intersections for buying and selling points. You can use the intersection of 2 sma values for buying and 2 separate sma intersection for selling.
There are 3 different alarms for those who want to set an alarm.
- Cross Alarm: The alarm that will work on buy-sell signals for those who have the right to set a single alarm.
- Buy Alarm: The alarm that will operate at the receiving point according to the values you specified.
- Sell Alarm: The alarm that will operate at the sales point according to the values you specify.
Koala System EURUSD 15minToday I bring you one of the best systems I have found for 15min chart for EURUSD, can be adapted to other pairs aswell I suppose.
Its made of 4 SMA 3 6 9 50 and EMA 200.
It only makes 1 trade per day, in this case we have a risk % of our total eqquity, being the min 0.1 lots , can be changed tho .
We target TP/SL the same 1:1 rr, in this case I use 30 pips for both., that means I risk maximum 30$ out of a total of 1000 equity , per each trade , with 3%
Entry is simple : price is below all movings averages for sell or above for buy. At the same time we check that the ma's are in ascending or descending order.
The key here is patience, never make more than one trade per day.
System always close the trade at the end of london session. Also it only works, during the london session.
Enjoy it.
Multi EMA+SMAMulti EMA+SMA with default value of 20/50/200 ... User can change value and color as required... As ema and sma both has same value thats why only three lines are visible, changing value will reflect other Moving averages. Hope it will help my trader friends.
Love
Indyan...
CryptoSignalScanner - Advanced Moving Averages - Cross & RainbowDESCRIPTION:
With this script you can plot 6 moving averages.
You can decide which Moving Average you want to show or hide.
For every plot you can decide to display the Simple Moving Average ( SMA ) or Exponential Moving Average ( EMA ).
It provides CrossOver and CrossUnder labels when loading the script. Those labels you can show or hide.
You have the possibility to show or hide the rainbow colors. This rainbow function gives you a clear view of the current trend.
HOW TO USE:
• When one Moving Average crosses above another Moving Average it signals an uptrend.
• When one Moving Average crosses below another Moving Average it signals a downtrend.
• The higher to length of the Moving Average the stronger the trend.
FEATURES:
• You can show/hide the preferred Moving Averages.
• You can set the length, type and source for every Moving Average.
• You can show/hide the rainbow colors.
• You can show/hide the CrossUp labels.
• You can show/hide the CrossDown labels.
• You can set alerts for every Moving Average.
• Etc...
DEFAULT SETTINGS:
• MA1 => EMA5
• MA2 => EMA10
• MA3 => EMA20
• MA4 => SMA50
• MA5 => SMA100
• MA6 => SMA200
Simple Moving Average vs. Exponential Moving Average:
SMA and EMA are calculated differently. The exponential moving average ( EMA ) focuses more on recent prices than on a long series of data points, as the simple moving average required.
The calculation makes the EMA quicker to react to price changes and the SMA react slower. That is the main difference between the two.
One is not necessarily better than another. It comes down to personal preference. Plot an EMA and SMA of the same length on a chart and see which one helps you make better trading decisions.
Moving Average Trading Strategies:
The first strategy is a price crossover, when the price crosses above or below a moving average, it signals a potential change in trend.
The second strategy applies when one moving averages crosses another moving average.
• When the short-term MA crosses above the long-term MA, it signals a buy signal.
• When the short-term MA crosses below the long-term MA, it signals a sell signal.
REMARKS:
• This advice is NOT financial advice.
• We do not provide personal investment advice and we are not a qualified licensed investment advisor.
• All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice.
• We will not and cannot be held liable for any actions you take as a result of anything you read here.
• We only provide this information to help you make a better decision.
• While the information provided is believed to be accurate, it may include errors or inaccuracies.
If you like this script please donate some coins to share your appreciation.
Good Luck,
SEOCO
EMA_VTX
Abbreviations:
EMA - Exponential Moving Average
SMA - Simple Moving Average
WMA - Weighted Moving Average
VWMA - Volume-Weighted Moving Average
TP - TimePeriod (1m,2m,5m,1h....)
TP Steps - 1m,3m,12m,1h,5h,D (This steps i use)
Use-case:
Moving Average Exponential is a good indicator of Support and Resistance Level. Giving us average price level in particular moment.
This script calculates and plots Moving Average with minute precision, even if you want to see 21 EMA level from 1H chart.
So you can accommodate all important information on one chart with best precision.
Made for Intraday Perioads.
Best used for DayTrading, when you need to make quick and efficient decisions.
EMA_VTX = Preferred resolution * Length / Present resolution.
In addition to plotting EMA , you can quickly switch between SMA, WMA, VWMA .
Settings:
Resolution - Most used TP included, plus some exclusive paid plans (1m, 2m, 3m, 5m, 12m, 15m, 1h, 4h, 5h, Daily). Default set to 1h
Use - Bonus function for EMA indicator. You can quickly switch type from EMA to SMA, WMA,VWMA
Length - standard function. Default set to 144
Offset - standard function. Default set to 0
Source - standard function. Default set to hlc3
Why to use it ?
Yes, i know that variable TP is standard now in TradingView. But there are some limitations, especially for DayTraders.
Problem:
Imagine you are trading/scalping on 1m.. 5m.. 15.. charts and you want to see where are your Higher TP MAs.
-- You can change to 1h and check it, but you will loose the picture from smaller TP.
-- You can use Standard EMA TP function, but your MAs data will update every 15m, 1h (depends on TP)
Solution:
This script help to solve this problem, by breaking information down to 1m and building from there.
So whatever Intraday TP you choose to trade, your MAs will be updated with minute precision.
Limitations:
Sadly nothing without limitations.
1. You can experience "Reference too many candles in history" around 5K - This means that too many candles are used to plot MAs.
-- Quick fix: Reduce "Length" or Step down TP (best experience when projecting MAs 1-2 TP Steps up)
2. For Best performance use only Higher TP dividable By Yours (ex. You use 3m chart, then you can plot 12m, 15m, 1h / You use 5m chart, then you can plot 15m, 1h. 12m will already have 3m of information lost using 5m Chart )
Moving Average DoublesThis script plots multiple moving averages each source based on its previous MA, all having the same length.
Input options:
Simple Moving Average ( SMA ) or Exponential Moving Average ( EMA )
One adjustable look back period
Choose how many MA's to display, max. 50
One adjustable line width
It probably works best for long term views to find trends or zones of confluence, and it looks awesome :)
Don't be afraid to share your thoughts or settings in the comments. Enjoy!
MESA Adaptive Moving Average - Improved MTFThis indicator is a huge upgrade to my original MTF MESA
Plots are now extremely smooth and accurate on all timeframes **
Missing data points are automatically filled with the "best fit"
This is a Trend indicator and should be used to trade "top-down" aka:
Start with the Daily chart to confirm a trend
Move to 4H
2H
Etc...
Use your favorite entry method or simply watch for wicks forming when the price gets near the MESA adaptive moving average.
This is one of the few indicators that I've been using for years with success. Being able to plot both the current & higher timeframe MESA
can sometimes feel like cheating.
Due to the nature of the recursive calculation, you may notice slight differences between this version of MESA and others that either
approximate higher timeframes with fewer samples or make use of the latest "Resolution" argument in Pinescript V4. Both of which are
fine, until you start looking at M5 charts while plotting the Daily MESA.
As always, happy trading!
** Currently supports
M 1,3,5,15,30,45
H 1,2,3,4
Day 1
Week 1
Month 1
Percentage Price Over SMAReturn the percentage of closing prices greater than SMA's with periods within a user-selected range. An exponential moving average applied to these results is also displayed (in orange).
Settings
Min : Minimum period of the SMA in the range
Max : Maximum period of the SMA in the range
Smooth : Period of the EMA
Src : Input series of the indicator
Usage
The indicator is a normalized oscillator. A value of 100 indicates that 100% of the current closing price is over SMA's with periods ranging from min to max , this indicates a bullish market, while a value of 0 would indicate a bearish market.
In this image the indicator use min = 50 and max = 200, here AMD has been strongly bullish at the start, and ended being strongly bearish at the end, during this bullish period the indicator is over its overbought level, while it is under its oversold level during the bearish period.
In case the market is ranging we can expect the indicator to be around 50%, using the smoothed result might be more useful to detect ranging markets with this indicator.
If the smoothed result is within the overbought/oversold levels, then we can say that the market is either ranging or transitioning from a bullish/bearish market to an opposite one.
Scalpy MFI*Modified version of my Scalpy indicator replacing RSI with MFI*
It is made up of a 2 main parts.
- The cloud comprising of a 10 period SMA and a 30 period SMA .
- When the cloud is green you should be looking for long entries.
- When the cloud is red you should be looking for short entries.
- Price is most bullish above a green cloud and most bearish below a red cloud.
- Being within the cloud indicates indecision.
The red line represents the MFI
Minimum Variance SMAReturn the value of a simple moving average with a period within the range min to max such that the variance of the same period is the smallest available.
Since the smallest variance is often the one with the smallest period, a penalty setting is introduced, and allows the indicator to return moving averages values with higher periods more often, with higher penalty values returning moving averages values with higher periods.
Because variances with smaller periods are more reactive than ones with higher periods, it is common for the indicator to return the value of an SMA of a higher period during more volatile market, this can be seen on the image below:
here variances from period 10 to 15 are plotted, a blueish color represents a higher period, note how they are the smallest ones when fluctuations are more volatile.
Indicator with min = 50, max = 200 and penalty = 0.5
In blue the indicator with penalty = 0, in red with penalty = 1, with both min = 50 and max = 200.
On The Script
The script minimize Var(i)/p with i ∈ (min,max) and p = i^penalty , this is done by computing the variance for each period i and keeping the smallest one currently in the loop, if we get a variance value smaller than the previously one found we calculate the value of an SMA with period i , as such the script deal with brute force optimization.
For our use case it is not possible to use the built-in sma and variance functions within a loop, as such we use cumulative forms for both functions.
Index SMA vs. CloseVery simple script that index the close price with the SMA 20,50 and 200. It is very useful to plot and see if stocks are extended vs. de SMAs.