This channel is a second version designed by the famous american analyst Linda Raschke; it allows you to find the main trend and to implement a trend-following strategy. You can open a new long/short position when the price cross up the basis and the upper/lower band (jointly with other indicators).
this script by RichardoSantos description -- Power oscillator to discern what currency's are stronger/weaker. added option to use a smoothed source(close) for pooling the change, giving longer term directional bias, note that this causes lag in the results as MA's turn slower than price. -- I added currency labels and changed line color only.
so adding MTF function to the volumezone indicator make it nicer i suggest that you play with setting untul you find best optimazation (here it set to one hour graph with 120 min time frame) you can put the exit on 90 instead of 70 for better result so have fun
The purpose of this script is to trade with the trend, trade trend continuation, and counter-trend trades. Uptrend is price above 200 ema: Background is green and the bar colors are normal Downtrend is price below 200 ema: Background is red and the bar colors are normal Counter-trend to uptrend--Bar colors are white and the background is purple counter-trend...
If the RSI indicator shows the dominance of purchases over sales, it is interesting to know the speed of purchases. We calculate the speed using the wt indicator. We compute WT (RSI,len). Setting and designation of indicator RSI_SpeedUP. The RSI lines you are looking for are shown in smooth lines. The speed is shown by stepped lines. In the indicator RSI and...
backtesting for the RSI MACD with conditional MA indicator:
pink line = directional with price, bull strength black line = counter-directional with price, bear strength histogram = trend strength confirmation high pink + high histogram = strong bull high pink + low histogram = weak bull high black+ high histogram = strong bear high black + low histogram = weak bear
rsi indicator whith conditional moving average settings for swing trading when market price is above certain moving averages testing a simple for fun, not intended to be financial advise, do your own research :) enjoy!
It is Noro's Shift MA strategy, but looks as the oscillator. Positions open at the time of closing of a candle. Not the limit order. It is possible to use a pyramiding.
Quasi White Noise script. An experimental approach to implement a white noise using Pine Script. Uses Connors RSI under the hood. en.wikipedia.org
Fixed LazyBear's original script with his modified one.
Combination of DPD ,STOCHRSI and RSI indicators. Be careful for percantage selection to fit your candle size.
backtesting strategy for the vortex oscilator indicator, slightly modified on this version so that the buy and sell signals work with the backtesting and are consistant original idea i posted by accident the script with alerts not intended to be financial advice, strategy is for made for testing Biffy