a simplified turtle trading based on donchian channel (for long only)
EneX is signal that give recommendation signals for entry and exit on spot market. This indicators not suitable for leverage trading in futures market. EneX signal consider several indicators and has entry and exit rules. EneX signal is suitable for investors who believe in trend following strategy (disclaimer on). This script composed by Yohan Naftali for...
Hello All, This script gets OHLC values from any security and Higher/Same time frame you set, then creates the chart including last 10 candles. it shows Symbol name, Time Frame, Highest/Lowest level of last 10 candles and Close Price at the right side of the chart as well. Closing price text color changes by the real-time candle of the related symbol and time...
This indicator is a combination of moving average and ATR indicators. The indicator stays pretty close to price and at the same time shows clear trend of asset/stock. It shows you when price is above the FantailVMA it indicates an uptrend and when price is below it indicates a downtrend otherwise. Hope you find this indicator useful! Happy trading..
Hello All, In Elliott Wave Theory, 3rd wave is not the shortest one in the waves 1/3/5 and it's usually longest one. so if we can catch it then we may get good opportunities to trade. This script finds 3rd wave experimentally. it can be also the 3rd waves in the waves 1, 3, 5, A and C. the 3rd wave should have greater volume than other waves, the script can...
This is standard EMA script available on Trading View and i have just added ability to add a channel based on standard deviation. In addition to it you can enable/disable optional lines from options and it would add 50% levels of upper and under channel. I added 50% as it provide important price levels if you have right settings selected for channel factor.
This moving average uses a gradient function which calculates the number of advances/declines of the moving average to change the intensity of the colors, meaning a longer trend in either direction will show a stronger color. You can choose 3 colors to build the gradient: a bullish, bearish & neutral/transition color. The number of steps chosen will change the...
™TradeChartist MA Visualizer is a Moving Average based indicator aimed to visualize price action in relation to the Moving Average in a visually engaging way. =================================================================================================================== █ MA Visualizer Features 11 different Moving Averages to choose from the settings...
Donchian channels were developed by Richard Donchian, the father of trend following. The two outer bands are plotted as the highest high and lowest low for a set period of time. In the FiboDonchian, the channel is divided into 3 zones according to Fibonacci levels: 0-0.382 (Bullish Zone) 0.382-0.618 (Neutral Zone) 0.618-1(Bearish Zone) These levels will usually...
This indicator takes the concept of Keltner Channels and uses them as a trend following system by using a deviation band of 1 ATR, such that when the price closes above the upper band a bull trend is predicted to follow, and when the price closes below the lower band the start of a bear trend is assumed. Only 1 band is plotted at all times depending on the bias...
Trend following algorithm: We take 1- 5 Fibonacci Ema values. 21, 34, 55, 89, 144 2- We normalize the changes of these values over time between 1-100. 3- We take the ema value of 1 length so that it does not follow a horizontal course after the normalization process. 4- In order not to experience too much change, we take the value of sma with a length of 5. 5-We...
EMAC - Exponential Moving Average Cross - Study This is the short Study version of EMAC that has been optimized for TradersPost alerts only For the original full Strategy version with many editable inputs please see EMAC - Exponential Moving Average Cross For the full Strategy version with the best currently known optimized inputs (average best settings across...
Helo All, I got many requests for a Breakout script and here it's. This script searches the breakouts/breakdowns and draw square if there is one. The options: "Period" is used to find Pivot Points "Max Breakout Length" is the maximum length to search breakouts "Threshold Rate %" is channel width of the breakout area. calculated using highest/lowest of...
This indicator identifies trends in multiple higher timeframes (D, W, M) and shows them in a widget off to the right of the chart. It's meant to be used as an alternative filter for "trading with the trend." Typically people use moving averages of varying lengths for this (i.e. if over 200 MA it's an uptrend, etc.), but I wanted to see if it might be more...
Hello All, This script shows Indicator panel in a Table. Table.new() is a new feature and released today! Thanks a lot to Pine Team to add this new great feature! This new feature is a game changer! The script shows indicator values for each symbol and changes background color of each cell by using current and last values of the indicators for each symbol....
Traders, BAM's Weighted ROC is a Momentum indicator. ROC stands for 'Rate of Change' therefor this indicator plots the reading of a weighted average Rate of Change. In its current form it uses 4 periods en 4 weightings. The periods are set to 21/63/126/252 which corresponds to the number of trading days in each 1/3/6/12 months. The weightings are set to...
The Relative Strength Index ( RSI ) is a measurement used by traders to assess the price momentum. It is scaled from 0 to 100. when RSI reads below 30, it is usually interpreted as oversold and when RSI is above 70 it is usually interpreted as overbought. However, it is usually not profitable to trade based on overbought and oversold signal. RSI Trend Indicator...