This is a long-only strategy tested on LINK/USDT, 1 hour bar, from Feb 2019. The entry is determined by the breakout of upper Keltnel Channel and when the +DI is higher than 32. Instead of a fixed stop-loss from the original script , I change the exit to the middle band of the Keltnel Channel. 1st profit target will close 20% of the position. 2nd profit target...
This is my most successful strategy to date! Please enjoy and join the Open Source movement by sharing your code and ideas online!
OPERATING PRINCIPLE
The strategy is based on Ehlers idea that any indicator can be turned into a signal-producing trade system through smoothing and other filtering processes.
In fact, I'm using his Zero Lag EMA (ZLEMA) as a baseline...
This is only a slight modification to the existing "MACD Strategy" strategy plugin!
found the default MACD strategy to be lacking, although impressive for its simplicity. I added "year>2014" to the IF buy/sell conditions so it will only backtest from 2015 and beyond ** .
I also had a problem with the standard MACD trading late, per se. To that end I modified the...
This startegy based on 3-day pattern reversal described in "Are Three-Bar
Patterns Reliable For Stocks" article by Thomas Bulkowski, presented in
January, 2000 issue of Stocks&Commodities magazine.
That pattern conforms to the following rules:
- It uses daily prices, not intraday or weekly prices;
- The middle day of the three-day pattern has the lowest...
This is plots the indicator developed by Andrew Abraham
in the Trading the Trend article of TASC September 1998
You can change long to short in the Input Settings
Please, use it only for learning or paper trading. Do not for real trading.
The Arms index (TRIN) is a technical analysis indicator that compares advancing
and declining stock issues and trading volume as an indicator of overall market
sentiment. It measures the relationship between market supply and demand and is
used as a predictor of future price movements in the market, primarily on an
intraday basis. The Arms index seeks to...
This simple indicator gives you a lot of useful information - when to enter, when to exit
and how to reduce risks by entering a trade on a double confirmed signal.
You can use in the xPrice any series: Open, High, Low, Close, HL2, HLC3, OHLC4 and ect...
You can change long to short in the Input Settings
Please, use it only for learning or paper trading. Do...
Attention:
If you would to use this indicator on the ES, you should have intraday data 60min in your account.
Smart money index (SMI) or smart money flow index is a technical analysis indicator demonstrating investors sentiment.
The index was invented and popularized by money manager Don Hays. The indicator is based on intra-day price patterns.
The main...
Indicator plots Money Flow Indicator (Chaikin). This indicator looks
to improve on Larry William's Accumulation Distribution formula that
compared the closing price with the opening price. In the early 1970's,
opening prices for stocks stopped being transmitted by the exchanges.
This made it difficult to calculate Williams' formula. The...
Cueing Off Support And Resistance Levels, by Thom Hartle
modified by HPotter for trade signals.
The related article is copyrighted material from Stocks & Commodities.
You can change long to short in the Input Settings
Please, use it only for learning or paper trading. Do not for real trading.
This indicator is based on Bill Williams` recommendations from his book
"New Trading Dimensions". We recommend this book to you as most useful reading.
The wisdom, technical expertise, and skillful teaching style of Williams make
it a truly revolutionary-level source. A must-have new book for stock and
commodity traders.
The 1st 2...
The Gann Swing Oscillator has been adapted from Robert Krausz's book,
"A W.D. Gann Treasure Discovered". The Gann Swing Oscillator helps
define market swings.
You can change long to short in the Input Settings
Please, use it only for learning or paper trading. Do not for real trading.
Published source code is subject to the terms of the GNU Affero General Public License v3.0
This script describes and provides backtesting functionality to internal strategy of algorithmic crypto trading software "HatiKO bot".
Suitable for backtesting any Cryptocurrency Pair on any Exchange/Platform, any Timeframe.
Core Mechanics of this strategy are based on...
Many people asking me: How to find the right time to exit BitCoin long position? First, that comes to mind is Do Not use simple Buy-and-Hold strategy, but make short-term trades. Here is the simple algorithm for D1 or 4H timeframes.
I will start with a small introduction about myself. I'm now trading cryto currencies manually for almost 2 years. I decided to start after watching a documentary on the TV showing people who made big money during the Bitcoin pump which happened at the end of 2017.
The next day, I asked myself "Why should I not give it a try and learn how to trade".
This was in...
MACD – Moving Average Convergence Divergence. The MACD is calculated
by subtracting a 26-day moving average of a security's price from a
12-day moving average of its price. The result is an indicator that
oscillates above and below zero. When the MACD is above zero, it means
the 12-day moving average is higher than the 26-day moving average.
This is...
Market prices do not have a Gaussian probability density function
as many traders think. Their probability curve is not bell-shaped.
But trader can create a nearly Gaussian PDF for prices by normalizing
them or creating a normalized indicator such as the relative strength
index and applying the Fisher transform. Such a transformed output
creates the...
This is a bullish reversal pattern formed by two candlesticks. Following a downtrend,
the first candlestick is a down candlestick which is followed by an up candlestick
which has a long real body that engulfs or contains the real body of the prior bar.
The Engulfing pattern is the reverse of the Harami pattern.
WARNING:
- For purpose educate...
![LINKUSDT: Keltner Channel [LINKUSDT] 1H](https://s3.tradingview.com/d/Dxqv8ftu_mid.png "Keltner Channel [LINKUSDT] 1H")
