This is one of the techniques described by William Blau in his book "Momentum, Direction and Divergence" (1995). If you like to learn more, we advise you to read this book. His book focuses on three key aspects of trading: momentum, direction and divergence. Blau, who was an electrical engineer before becoming a trader, thoroughly examines the...
When bitcoin is in an uptrend, a very profitable strategy is to buy GBTC when premium to NAV is low, and sell when it reaches extremes. This can be far more profitable than buying bitcoin itself.
This indicator gauges the magnitude of price and volume movement. The indicator returns both positive and negative values where a positive value means the market has moved up from yesterday's value and a negative value means the market has moved down. A large positive or large negative value indicates a large move in price and/or lighter volume. A small...
This Pivot points is calculated on the current day. Pivot points simply took the high, low, and closing price from the previous period and divided by 3 to find the pivot. From this pivot, traders would then base their calculations for three support, and three resistance levels. The calculation for the most basic flavor of pivot points, known as...
This indicator plots Dynamic Momentum Index indicator. The Dynamic Momentum Index (DMI) was developed by Tushar Chande and Stanley Kroll. The indicator is covered in detail in their book The New Technical Trader. The DMI is identical to Welles Wilder`s Relative Strength Index except the number of periods is variable rather than fixed. The variability of...
This indicator plots Dynamic Momentum Index indicator. The Dynamic Momentum Index (DMI) was developed by Tushar Chande and Stanley Kroll. The indicator is covered in detail in their book The New Technical Trader. The DMI is identical to Welles Wilder`s Relative Strength Index except the number of periods is variable rather than fixed. The variability of...
In one graph, 4 different periods include EMA (8/13/21/55). It is not recommended for short-term investments. You can get efficient results using at least 4 hours chart. It is not an investment recommendation. Your use is at your own risk.
The related article is copyrighted material from Stocks & Commodities Dec 2009 My strategy modification. WARNING: - This script to change bars colors.
Another script based on Linda Raschke's strategy with the same name from her book about swing trading.
Write your own strategy and use Hodl to Sodl to send Alerts for when to buy & sell, and automatically plot your anticipated buys/sells to the chart. A must have for AutoView users. Requires Pine Script coding. Not compatible with "Strategy Tester" tab and "Paper Trading" tab in TradingView. Hodl-Sodl itself is not a strategy. It is a framework for building...
Strategy with simple stop-loss and take-profit in percentage. If last trade was a successful one then repeat it. If not successful - do a reversal trade.
It is a Strategy to use EMA crossover and MACD to decide when "buy" and when "sell", the key is spend some time "tuning" the parameters and using the simulation tool to find the best parameters for EMA and MACD there are 6 parameters, but with Excel and patience you could find the best configuration for the past and apply it to the future and see.
Linda Raschke's strategy from her book about swing trade technics.
This strategy has three components. Philakones EMAs are a sequence of five fibonacci EMAs. They range from 55 candles (green) to 8 candles (red) in length. A strong trend or breakout is marked by the emas appearing in sequence of their length from 8 to 55 or vice versa. These EMAs are also used to signal an exit. Only two EMAs are used for exit signals -...
It is a MACD with strategy simulation implemented to "tune" the MACD parameters for cryptos, it only use long and close strategy, not short
A simple experimental strategy that tries to go long at a moving average bounce / support level, and looks for upside.
After a couple adjustments, double signals are now being ignore. Here's how this script works: Based entirely on a John Carter scalping setup, a candle will be painted purple if the next two closes are in a opposite direction of the past trend. Green triangles indicates that the reversal is bullish, red triangles indicates that the reversal is bearish. Both are...
The Average Directional Movement Index Rating (ADXR) measures the strength of the Average Directional Movement Index (ADX). It's calculated by taking the average of the current ADX and the ADX from one time period before (time periods can vary, but the most typical period used is 14 days). Like the ADX, the ADXR ranges from values of 0 to 100 and reflects...