What is QFL trading strategy?
QFL stands for Quickfingersluc, and sometimes it is referred to as the Base Strategy or Mean Reversals. Its main idea is about identifying the moment of panic selling and buying below the base level and utilizing Safety orders.
What is Base level or Support Level?
Base level or Support Level refers to the lowest price level that...
This Strategy provides the Demark 9 indicator and EMA50 combined.
The Setup Indicator was created by Tom Demark and this is one of many steps in his Sequential Indicator.
This strategy was designed for minor trend reversals and as you can see in my example chart, it gives many more buy and sell signals.
Not all are perfect of course but it does a pretty good...
This script is just finds the best hour to buy and sell hour in a day by checking chart movements in past
For example if the red line is on the 0.63 on BTC/USDT chart it mean the start of 12AM hour on a day is the best hour to buy (all based on
It's just for 1 hour time-frame but you can test it on other charts.
IMPORTANT: You can change time Zone in strategy...
This indicator optionally displays 2 informations:
- The Day of the week
- The New session's Candle
You can turn off/on the displayed information
Disclaimer: Scripts that I post publicly are experimental. They are not financial advices. Always backtest your ideas using your own methodologies.
Channel, made of 5 MAs, which a made this way: High of N-period SMA - Low of N-period SMA + X-period SMA (check the code), where N and X are defined by your input.
Main purpose: helps you understand in what range price can move.
WARNING!
HAS TO BE USED WITH OTHER INDICATORS TO HAVE MORE ACCURATE ENTRIES!!!
If the price is above or below the channel, it means...
You can filter the trend with this indicator. Green Lines indicate a short-term up trend and Red lines indicate a short-term downtrend. and black lines indicate short-term consultation.
I'm not regarding anything with this indicator. All risk is yours
Thank you
I made this script to group information considered useful in forex day trading, of course it can be used on crypto or other markets.
First of all, feel free to suggest any improvement/new feature you would consider interesting for such an use. This is not especially a final version and I'm sure other relevant information can be added in this tool.
Current...
This strategy is a pullback strategy that utilizes 2 EMAs as a way of identifying trend, MACD as an entry signal, and RSI and ADX to filter bad trades. By using the confirmation of all of these indicators the strategy attempts to catch pullbacks, and it is optimized to wait for high probability setups. Take not that the strategy is optimized for use on...
In this script I combined SSL channel with RSI and EMA 200 mainly.
Can be modified to apply EMA 50/100 condition aswell.
Also contains SL/TP in pip points to play with.
Credits goes to :
@ErwinBeckers for ssl
@Skrymtn for EMA crossover
For more details/ improvements feel free to message me.
An improved version for minimum and maximum in a day trading session. You can choose the session resolution, it ranges from 1 minute to 1 week.
It works well for stocks and non-extended sessions due to security() function limitations.
Any suggestions, please leave a comment.
Happy trading.
This system can be used on all timeframes. It works on scalping, daytrading and swing trading.
Its made from a Baseline slow and fast , together with MACD, Stochastic RSI and a risk management for SL/TP using pip points and a trailing stop .
The strategy for entry its the next one:
We first wait for the cross between the baselines.
Once this happens, then we...
This script calculates and draws the initial balance price levels which can be really interesting for intraday activities.
Note: Obviously, you need to wait for the calculation period to finish in order to see your daily levels
The tool includes the following options
Customization of the session used to calculate the initial balance (default 0930-1030)
...
This strategy is looking at MA and distance from MA to determine entry and exit for highly volatile day trade stocks.
This trading strategy is not good for big-cap stocks as the movement there is not much in terms of %.
The target for open trade is to close at a 10% gain or at 2.8% loss which is a good risk to reward ratio.
This strategy is developed based on my High Low Index SPY Top 40 indicator
Notes:
- this strategy is only developed for SPY on the 5 min chart . It seems to work with QQQ as well, but it isn't optimized for it
- P/L shown is based on 10 SPY option contracts, call or put, with strike price closest to the entry SPY price and expiry of 0 to 1 day. This...
ATTENTION:
This is a symmetrical algorithm designed only for trading EUR/USD on the 1h time frame. For other currency pairs and time frames, you need to re-calibrate the RSI-EMAs as well as the profit targets and stop losses.
BACKTEST CONDITIONS:
Initial equity = $100,000 (no leverage)
Order size = 100% of equity
Pyramiding = disabled
TRADING RULES:
Long...
20 EMA Daytrading Strategy
This strategy creates long and short signals based on a 20 EMA crossing condition. Works well in 4H timeframes or higher. Accuracy is around 60%.
BUY
When a green candle crosses above 20 EMA
Followed by another green candle which closes above the previous candle high
SELL
When a red candle crosses below 20 EMA
Followed...
This code is modified to draw the first 15 minutes(variable in setting by default 15m is set) of the high and lows through out the day.
It will work on time frames less than than or equal to 1st input. Hope this code helps you all.
IMPORTANT SETTING DETAILS:
1.Res = input(title="Starting X minutes lines to be Displayed",defval="15",...
![ETHUSDTPERP: Current Trend [KPM] - Buy / Sell](https://s3.tradingview.com/r/r1jPKx7c_mid.png "Current Trend [KPM] - Buy / Sell")
