An FLD is a line that is plotted on the same scale as the price and is in fact the price itself displaced to the right (into the future) by (approximately) half the wavelength of the cycle for which the FLD is plotted. There are three FLD's that can be plotted for each cycle: An FLD based on the median price. An FLD based on the high price. ...
JNSAR stands for Just Nifty -0.14% Stop & Reverse. This is a Trend Following Daily Bar Trading System for NIFTY -0.14% . Original idea belongs to ILLANGO @ I coded the pine version of this system based on a request from @stocksonfire. Use it at your own risk after validation at your end. Neither me or my company is responsible for any losses you may incur using...
This indicator plots Chande Momentum Oscillator and its WMA on the same chart. This indicator plots the absolute value of CMO. The CMO is closely related to, yet unique from, other momentum oriented indicators such as Relative Strength Index, Stochastic, Rate-of-Change, etc. It is most closely related to Welles Wilder?s RSI, yet it differs ...
Hi guys, My strategy is ready :) Finally the zero level of the CCI gives the start and stop to my positions. As you could notice, setting up the CCI length to 340 area on 1 minute chart will let the profit factor go up to 20% from an already wonderful 16%. This is a great result cause will let profitable trades run while stopping the wrong ones with a very...
This indicator plots Chande Momentum Oscillator. This indicator was developed by Tushar Chande. A scientist, an inventor, and a respected trading system developer, Mr. Chande developed the CMO to capture what he calls "pure momentum". For more definitive information on the CMO and other indicators we recommend the book The New Technical...
Hi guys, I am trying to create a strategy that consists in the crossover/under of the 0 line of the Commodity Channel Index . Every time the price crosses over the 0 line in the CCI the strategy has to long getting short on the cross under and viceversa. I have published here another script strategy (consists in a crossover/under of the Overbought/Oversold...
This new indicator analyzes the balance between bullish and bearish sentiment. One can cay that it is an improved analogue of Elder Ray indicator. To get more information please see "Bull And Bear Balance Indicator" by Vadim Gimelfarb. This modified strategy backtest from HPotter
This indicator calculates 3 Moving Averages for default values of 13, 8 and 5 days, with displacement 8, 5 and 3 days: Median Price (High+Low/2). The most popular method of interpreting a moving average is to compare the relationship between a moving average of the security's price with the security's price itself (or between several moving averages).
Bull Power Indicator To get more information please see "Bull And Bear Balance Indicator" by Vadim Gimelfarb.
//@version=2 // Microcana.com strategy by pilotgsms - version 4.20 <<<< Edited by Seaside420 >>>> special thanks to 55cosmicpineapple // Hull_MA_cross added to script strategy("Mirocana.com V4.20", overlay=true, default_qty_type=strategy.percent_of_equity, default_qty_value=100) dt = input(defval=0.0010,...
Bear Power Indicator To get more information please see "Bull And Bear Balance Indicator" by Vadim Gimelfarb.
** From the original work of LazyBear ** Thanks for his Squeeze Momentum indicator This strategy gives acceptable result on EUR/USD - 1H chart with default parameters
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.
The author of this indicator is Veronique Valcu. The z-score (z) for a data item x measures the distance (in standard deviations StdDev) and direction of the item from its mean (U): z = (x-StdDev) / U A value of zero indicates that the data item x is equal to the mean U, while positive or negative values show that the data item is above (x>U) or below...
The WAMI-based trading lies in the application and iteration of the optimization process until the indicated trades on past market data give consistent, profitable results. It is rather difficult process based on Fourier analysis. You can to change Trigger parameter for to get best values of strategy. You can change long to short in the Input Settings ...
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.
This back testing strategy generates a long trade at the Open of the following bar when the %K line crosses below the %D line and both are above the Overbought level. It generates a short trade at the Open of the following bar when the %K line crosses above the %D line and both values are below the Oversold level. You can change long to short in the Input...
The RSI is a very popular indicator that follows price activity. It calculates an average of the positive net changes, and an average of the negative net changes in the most recent bars, and it determines the ratio between these averages. The result is expressed as a number between 0 and 100. Commonly it is said that if the RSI has a low value, for...