Trying to include few basic things which is needed for strategy which can be used as template. Few important components Strategy parameters Few important parameters include - initial_capital, default_qty_type, default_qty_value, commission_type, pyramiding and commission_value. All my strategies will have similar settings with initial captial set to 20000 to...
USAGE 1. Select the type of contract (call or put), the long strike, and the width. 2. Select the volatility model 3. The standard deviation is shown, enter it into the input. The tool gives a theoretical price of a vertical spread, based on a historical sample. The test assumes that a spread of equal width was sold on every prior trading day at the given...
A measure of the RSI percentage change from the previous bar. This can be inserted into any script. The number of bars back can be changed from to chosen length. It can be applied to a variety of indicators other than RSI. This will now be incorporated into to my other scripts. Mozz7
This is combination of multiple indicators and strategies. Mainly useful for indexes and to time the entry and exits of indexes. No stoploss used - makes it less desirable for leveraged trades or trading individual stocks. Let us rewind and look back at some of the indicators/strategies published earlier. 1. Moving Average Candles - this is one of my favourite...
This indicator helps traders to identify low volatility areas by using the "Bollinger Bands Squeeze" method. The idea is to look for the lowest values in the Bollinger bands width to judge the lowest volatility readings. By default the squeeze period is 125, as suggested by John Bollinger. The indicator is a variation on the BB Squeeze indicator by @danarm. It...
Bollinger Bands have been used for many years to determine the volatility and potential reversal area of markets. This script takes standard Bollinger Bands (BB) and transforms it into a heatmap of reversal areas. A basic explanation on how this indicator works is: - Yellow is where the price likes to stay, - Orange is where the price might begin to...
Found this strategy in babypips forums.babypips.com This strategy using BB and MA BBMA Oma Ally Trading Technique I’m just sharing this Forex Technique that helping me making positive result. In BBMA, BB (Bollinger Bands) act as Dynamic Support and Resistance. SETTING OF BBMA - BOLLINGER BANDS Period : 20 Deviations : 2 Shift : 0 Apply to : Close Style : Dodge...
Sideways detection indicator using Bollinger bands . In this case we take the original ratio between lower and upper and we smooth it even harder in order to get a better idea about the accuracy of the trend. If the initial ratio is not between 0 and 1 and the smooth ratio is higher than our selected value, we get an idea if we are a in trending market or...
This is a trend system which combines multiple fast EMA + mulitple slower SMA together with bollinger band channel and PSAR. For entry rules the ones that I use are: Long We are inside BB channel, psar is ascending, and our close is above all moving averages or below all EMA'S + 1 SMA WE can exit either when our close is below all EMA's or when PSAR is...
This script shows the Squeeze firing event, after the Bollinger Bands have been inside Keltner Channels, indicating possible short term trend of price action. Based on Bollinger Bands & Keltner Channels scripts in the Pine scripts library. Bollinger Bands are a type of statistical chart characterizing the prices and volatility over time of a financial instrument...
This indicator is based on the Volatility Quality Index ( VQI ) by Thomas Stridsman. It shows the slope of the VQI in form of a histogram. The VQI is calculated in the following Steps: 1. Applying a WeightedMovingAverage with the onto the low, open, high, close and prior close 2. Calculating the true range and the range from the results of step 1 and setting...
Usage: 1. Set the put and call strike inputs to values of your choosing. 2. Select "days to expiration". 3. Set the put and call standard deviations using the output table. The indicator is meant help price a strangle using historical data and a volatility model. By default, the model is an ewma-method historical volatility. After selecting strikes and standard...
Dear friends! I'm happy to present an implementation of the Fast Fourier Transform (FFT) algorithm. The script uses the FFT procedure to decompose the input time series into its cyclical constituents, in other words, its frequency components , and convert it back to the time domain with modified frequency content, that is, to filter it. Input Description and...
This is a mod of a script by informanerd that has helped me immensely with my trading setup. HUGE HUGE HUGE credit to him! Check him out! He gave me permission to publish this and so here I am, sharing it with you. I hope you all like it! This version is functionally essentially the same - the difference is in visualization choices and automation. Instead of...
This script automatically highlights the Igor Session time zones based on the Chart Champions TPO time and volatility theory.
The Average Daily Range is a simple concept, calculated as the difference between daily highs and lows averaged over some period. This indicator uses that range in conjunction with Fibonacci ratios to create zones centered on the day's open that tends to act as areas of support and resistance. The thicker White lines are the ADR levels; all other lines are the...
This is a long only strategy adapted for crypto market. Its idea is to take the most juice out of a long trend and cut the losses as soon as possible. For this , its components are RSI with a very big length - 100 or 200 preferably and RVI. Rules for entry If RVI is in the buy zone and we have a crossover from RSI with the overbought level. Rules for...