Combo Strategy 123 Reversal & Gann Swing Oscillator This is combo strategies for get a cumulative signal.
First strategy
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
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.
WARNING:
- For purpose educate only
- This script to change bars colors.
Reversal
Reversal by Dan SteelHello everyone,
This is a simple indicator to indicate reversal signal on $SPY, $SPX or SPY futures products. The indicator works best in 15 minute.
Blue flag is RSI oversold
Red flag is reversal signal
if there is both flags, the chance of short bull run is very high.
Cheers,
Dan
P.S: It is ugly but working :)
Combo Backtest 123 Reversal & FX Sniper: T3-CCI This is combo strategies for get a cumulative signal.
First strategy
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
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...
WARNING:
- For purpose educate only
- This script to change bars colors.
Combo Strategy 123 Reversal & FX Sniper: T3-CCI This is combo strategies for get a cumulative signal.
First strategy
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
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...
WARNING:
- For purpose educate only
- This script to change bars colors.
Combo Backtest 123 Reversal & Volatility Finite Volume ElementsThis is combo strategies for get a cumulative signal.
First strategy
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
This is another version of FVE indicator that we have posted earlier
in this forum.
This version has an important enhancement to the previous one that`s
especially useful with intraday minute charts.
Due to the volatility had not been taken into account to avoid the extra
complication in the formula, the previous formula has some drawbacks:
The main drawback is that the constant cutoff coefficient will overestimate
price changes in minute charts and underestimate corresponding changes in
weekly or monthly charts.
And now the indicator uses adaptive cutoff coefficient which will adjust to
all time frames automatically.
WARNING:
- For purpose educate only
- This script to change bars colors.
Reversal Algo (Expo)"It has never been easier to find high probability trades"
Reversal Algo (Expo) is an automated Reversal System that analyzes the market in real-time and identifies high probability short term and long term trend reversal- and scalping signals as well as key market zones, and trends. The adaptive and unique reversal bands act as support & resistance zones, and together with the trend tracking feature, it serves as a trend confirmation. The system does also comes with a Top & Bottom finder that detects potential tops and bottoms that can be used as scalping entries or take profit points.
This Reversal System is developed to catch both short term and long term trend reversal and provide clarity in the current trend direction. The system aims to make it easier to come in early in a new trend as well as to stay longer in that trend. One of the main features is that the system has already filtered out false and choppy signals and aims to leave the most accurate ones.
One of the main goals was to make a system that works well without having Heiken Ashi candles. However, if you apply the system to Heiken Ashi candles you will have an additional layer of noise filtering.
Key differences between Trend Algo and Reversal Algo are that Reversal Algo is more responsive to price action and has a dynamic and adaptive Reversal cloud. The Reversal Algo does also has the tops/bottoms finder. These two systems can be used together.
The user can enable the following:
ATR Trailing Stop - Helps to identify the trend as well as where to have your stop loss.
Trend Tracking Line - Helps to identify Strong trends and areas of trend reversals.
Trend Steps- Helps to highlight where the current trend direction has found a new base.
Reversal Band - Helps to identify the trading range, strong trends, and areas of reversals.
Trend Scalping Dots - Helps to keep track of the short term price action.
Noise- and Signal filters:
Depending on your trading style you can choose between different trend filters and signals sensitivities.
Real-Time Alerts
No Repainting
Works on any market and in any timeframe
The indicator can be used standalone or as a part of your current trading strategy.
HOW TO USE
Use the indicator to identify reversal signals.
Use the indicator to identify trends.
Use the indicator to identify tops & bottoms signals.
Use the indicator to identify scalping signals.
INDICATOR IN ACTION
1-hour chart
Top/Bottom Finder
1-hour chart
I hope you find this indicator useful , and please comment or contact me if you like the script or have any questions/suggestions for future improvements. Thanks!
I will continually work on this indicator, so please share your experience and feedback as it will enable me to make even better improvements. Thanks to everyone that has already contacted me regarding my scripts. Your feedback is valuable for future developments!
-----------------
Disclaimer
Copyright by Zeiierman.
The information contained in my scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
My scripts/indicators/strategies/ideas are only for educational purposes!
ACCESS THE INDICATOR
• Contact me on TradingView or use the links below
Combo Strategy 123 Reversal & Volatility Finite Volume ElementsThis is combo strategies for get a cumulative signal.
First strategy
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
This is another version of FVE indicator that we have posted earlier
in this forum.
This version has an important enhancement to the previous one that`s
especially useful with intraday minute charts.
Due to the volatility had not been taken into account to avoid the extra
complication in the formula, the previous formula has some drawbacks:
The main drawback is that the constant cutoff coefficient will overestimate
price changes in minute charts and underestimate corresponding changes in
weekly or monthly charts.
And now the indicator uses adaptive cutoff coefficient which will adjust to
all time frames automatically.
WARNING:
- For purpose educate only
- This script to change bars colors.
Combo Backtest 123 Reversal & FSK (Fast and Slow Kurtosis) This is combo strategies for get a cumulative signal.
First strategy
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
This indicator plots the Fast & Slow Kurtosis. The Kurtosis is a market
sentiment indicator. The Kurtosis is constructed from three different parts.
The Kurtosis, the Fast Kurtosis(FK), and the Fast/Slow Kurtosis(FSK).
WARNING:
- For purpose educate only
- This script to change bars colors.
Combo Strategy 123 Reversal & FSK (Fast and Slow Kurtosis) This is combo strategies for get a cumulative signal.
First strategy
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
This indicator plots the Fast & Slow Kurtosis. The Kurtosis is a market
sentiment indicator. The Kurtosis is constructed from three different parts.
The Kurtosis, the Fast Kurtosis(FK), and the Fast/Slow Kurtosis(FSK).
WARNING:
- For purpose educate only
- This script to change bars colors.
ArcTan Oscillator [LuxAlgo]The following indicator is a normalized oscillator making use of the arc tangent sigmoid function (ArcTan), this allows to "squarify" the output result, thus visually filtering out certain variations originally in the oscillator. The magnitude of this effect can be controlled by the user. The indicator contains a gradient that shows the possibility of a reversal, with red colors indicating that a reversal might occur.
Settings
Length : Period of the oscillator
Pre-Gain : Changes the amplitude of the oscillator before passing through the ArcTan function, this allows to amplify/reduce the "squarification" effect introduced by this function. In order to make it easier for the user, the setting is in a (-10,10) range, with negative values reducing the amplitude and positive one increasing it.
Src : Source input of the indicator
Usage
The oscillator can be used to determine the direction of the trend by looking at its sign, if the oscillator is positive, market is up-trending, else down-trending, based on this usage the user might not be interested to look at every variations produced by the oscillator, this is where the hyperbolic tangent function and pre-gain setting can be useful, by using an high value of pre-gain the user will be able to only focus on the sign of the oscillator.
Here pre-gain is set to 5, we can see that the oscillator is now easier to visualize. However, the use of sigmoid functions remove useful information for a trader that needs to find divergences, this is where using a negative value of the pre-gain setting will result useful.
Here pre-gain is set to -5.
The indicator makes use of a gradient to show potential reversals, this gradient is determined by the correlation between the oscillator and the price (this is a way to measure potential divergences). If the color is closer to red it means that a potential reversal might occur, it is possible to say in which direction price might go by looking at the sign of the oscillator, so if the gradient is red and the oscillator is negative price might rise. The gradient is not affected by the pre-gain setting.
Combo Backtest 123 Reversal & Fractal Chaos Oscillator This is combo strategies for get a cumulative signal.
First strategy
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
The value of Fractal Chaos Oscillator is calculated as the difference between
the most subtle movements of the market. In general, its value moves between
-1.000 and 1.000. The higher the value of the Fractal Chaos Oscillator, the
more one can say that it follows a certain trend – an increase in prices trend,
or a decrease in prices trend.
Being an indicator expressed in a numeric value, traders say that this is an
indicator that puts a value on the trendiness of the markets. When the FCO reaches
a high value, they initiate the “buy” operation, contrarily when the FCO reaches a
low value, they signal the “sell” action. This is an excellent indicator to use in
intra-day trading.
WARNING:
- For purpose educate only
- This script to change bars colors.
Combo Strategy 123 Reversal & Fractal Chaos OscillatorThis is combo strategies for get a cumulative signal.
First strategy
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
The value of Fractal Chaos Oscillator is calculated as the difference between
the most subtle movements of the market. In general, its value moves between
-1.000 and 1.000. The higher the value of the Fractal Chaos Oscillator, the
more one can say that it follows a certain trend – an increase in prices trend,
or a decrease in prices trend.
Being an indicator expressed in a numeric value, traders say that this is an
indicator that puts a value on the trendiness of the markets. When the FCO reaches
a high value, they initiate the “buy” operation, contrarily when the FCO reaches a
low value, they signal the “sell” action. This is an excellent indicator to use in
intra-day trading.
WARNING:
- For purpose educate only
- This script to change bars colors.
Scanner Sauce Helper by MrTuanDoanThis is a helper indicator for Scanner Sauce strategy by Manny Q.
Best use with Harmonic patterns .
v0.2 features
Show BUY/SELL signals (green/red background)
Draw Scanner Sauce template
Alerts for BUY/SELL/BUY OR SELL
Alerts for MG4 and MG20 crossing
Orange background confirms the current trend.
How to use signals
Green background for BUY
Red background for SELL
Best use with Support and Resistance
Go for SELL if the last touch was upper band
Go for BUY if the last touch was lower band
Plus: analyze on higher timeframe to confirm the signal.
For BUY/SELL signal , if the green line just crossed up/down the purple line, it's a strong signal for 2nd entry.
Please always follow your risk management.
PM us to obtain accesss
Magnetic Zones v1.1 BetaMagnetic Zones v1.1 Beta
This is one of the most powerful and effective indicator which I personally use for Intraday.
It works well for trending stocks and trending days.
What are the Zones?
The zones are basically Retracement and Reversal Zones. The price will take a halt at this zones. So it will be easy to take an entry.
How to use?
Labels:
Pivot = P
Major Zones = R1, R2, R3, S1, S2, S3
Minor Zones = R0.5, R1.5, R2.5, S0.5, S1.5, S2.5
Previous Day High & Low = PDH, PDL
Breakout:
Opens between Previous Day High or Low and R1 or S1 Zone and taking retracement at the zone can result in a breakout.
Entry Time:
No Entry: 0 to 15min. Wait for the early Algo rush to settle down. Just go through the shortlisted stocks or top gainers and top losers.
Risky Entry: 15min to 30min. It is the right or early time to participate in the beginning of a rally. But, recommended only for experienced, disciplined and planned traders.
Moderate Risk: 30min to 45min
Safe Entry: After 45min to 1hr
Stock Selection Tip:
Use Expanded Floor Pivots to spot Narrow Range stocks.
Entry Tip:
Use Opening Range Breakout (15, 30, 45 or 1hr) to spot false shoot ups.
Entry:
After the retracement on or closer to the zones.
If the retracement happens in between spaces of the zones expect next retracement at the next in between space. Imagine the levels accordingly.
Retracement is the right time to make an entry with minimum stoploss.
Stoploss:
Just below the longest candle which touches the zone.
Target:
If it is a trending stock the price will move easily from one major zone to another major zone.
If the zones are wider on a particular day use the minor zones as target.
Consider the historical support and resistance, highs and lows to confirm the entry or exit.
Indicator Features:
Inclusion of 2nd and 3rd zones: Helpful to identify the target zone and to participation in a major rally.
Clean and cluster free look
Shows only required zones
Hide historical levels
Previous day High and Low levels
Multi time-frame
Caution:
Don't solely depend on this indicator. Always use this with other analyzing tools or methods for more confirmation.
Acknowledgement:
Thanking the original formulators.
Note:
The indicator is under testing. Any errors, updates and additions will be updated in the final version.
Even though there many are other indicators similar to this in TradingView, this indicator is customized for precision, inclusion of extended levels and designed for a squeeze free chart and visual appeal.
Explore, improvise and formulate new methods with your personal experience and ideas.
MESA Adaptive Moving Average - MTF and Divergence analysisThe latest iteration of the MESA Adaptive Moving Average - rewritten to make use of Pinescript v4 Arrays.
Explanation of settings and example use cases:
Fast Limit: Lower values will reduce the reactivity of the MA to rapid price changes.
- For instance, if you want to ignore price spikes on a low timeframe, then reduce Fast Limit
Slow Limit: Lower values will reduce the reactivity of the MA to slow price changes.
- For instance, if you want the MA to ignore small retracements during a trend, then reduce Slow Limit
Show MESA for next higher timeframe: Display the MA of the next standard timeframe that TV offers.
- Displays 3min if the chart timeframe is 1min. Displays D if the chart timeframe is 4H. Does not work with custom timeframes.
Show MESA for custom higher timeframe: Display a secondary MESA plot with a custom timeframe, selectable via the Custom Timeframe drop-down. Overrides the previous setting, if enabled. This functionality is experimental since it provides a higher sample rate than would normally be available. Take precautions making entries using only Custom Timeframe MESA.
- For instance, you made a decision on the 4H chart using MESA and are now watching the 15min to time a trade entry. Enable and select "4H" from the drop-down menu
Show Divergence between MESA Timeframes: Since divergence can differ greatly between assets, we form a baseline by continuously tracking the difference between the chart MA and higher timeframe MA. We note the maximum divergence in each direction (bullish and bearish). A white circle is plotted when divergence is close to the historical maximum. When a record-breaking divergence occurs, a yellow circle is plotted. You can tweak these indications by adjusting the Divergence Threshold %
- Multi-timeframe divergence is typically a weak indication of trend exhaustion, especially if Volume is not present.
Show Divergence between Source & MESA: Again, divergence can differ greatly between assets. This time, we form a baseline by continuously tracking the difference between the chart MA and Source (usually Close). We note the maximum divergence in each direction (bullish and bearish). A purple triangle is plotted when divergence is close to the historical maximum. When a record-breaking divergence occurs, a lime-green triangle is plotted. You can tweak these indications by adjusting the Divergence Threshold %
- Price divergence is a strong indicator of over-extension. It works well for timing reversals on intraday timeframes.
Source: The input data to perform MESA calculations on.
I've really enjoyed trading with this indicator, especially when combined with my previous two tools:
Empirical Suite : factors Trend, Price momentum, Volume, and Volatility
Squeeze Zone : provides a visual representation of volatility squeezes and attempts to predict breakout directions
Use this indicator to get a sense of overall trend, from any chart timeframe, as well as indications of over-extensions and exhaustion.
Combo Backtest 123 Reversal & Fractal Chaos Bands This is combo strategies for get a cumulative signal.
First strategy
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
Stock market moves in a highly chaotic way, but at a larger scale, the movements
follow a certain pattern that can be applied to shorter or longer periods of time
and we can use Fractal Chaos Bands Indicator to identify those patterns. Basically,
the Fractal Chaos Bands Indicator helps us to identify whether the stock market is
trending or not. When a market is trending, the bands will have a slope and if market
is not trending the bands will flatten out. As the slope of the bands decreases, it
signifies that the market is choppy, insecure and variable. As the graph becomes more
and more abrupt, be it going up or down, the significance is that the market becomes
trendy, or stable. Fractal Chaos Bands Indicator is used similarly to other bands-indicator
(Bollinger bands for instance), offering trading opportunities when price moves above or
under the fractal lines.
The FCB indicator looks back in time depending on the number of time periods trader selected
to plot the indicator. The upper fractal line is made by plotting stock price highs and the
lower fractal line is made by plotting stock price lows. Essentially, the Fractal Chaos Bands
show an overall panorama of the price movement, as they filter out the insignificant fluctuations
of the stock price.
WARNING:
- For purpose educate only
- This script to change bars colors.
Combo Strategy 123 Reversal & Fractal Chaos Bands This is combo strategies for get a cumulative signal.
First strategy
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
Stock market moves in a highly chaotic way, but at a larger scale, the movements
follow a certain pattern that can be applied to shorter or longer periods of time
and we can use Fractal Chaos Bands Indicator to identify those patterns. Basically,
the Fractal Chaos Bands Indicator helps us to identify whether the stock market is
trending or not. When a market is trending, the bands will have a slope and if market
is not trending the bands will flatten out. As the slope of the bands decreases, it
signifies that the market is choppy, insecure and variable. As the graph becomes more
and more abrupt, be it going up or down, the significance is that the market becomes
trendy, or stable. Fractal Chaos Bands Indicator is used similarly to other bands-indicator
(Bollinger bands for instance), offering trading opportunities when price moves above or
under the fractal lines.
The FCB indicator looks back in time depending on the number of time periods trader selected
to plot the indicator. The upper fractal line is made by plotting stock price highs and the
lower fractal line is made by plotting stock price lows. Essentially, the Fractal Chaos Bands
show an overall panorama of the price movement, as they filter out the insignificant fluctuations
of the stock price.
WARNING:
- For purpose educate only
- This script to change bars colors.
Combo Backtest 123 Reversal & Floor Pivot Points This is combo strategies for get a cumulative signal.
First strategy
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
The name ‘Floor-Trader Pivot,’ came from the fact that Pivot points can
be calculated quickly, on the fly using price data from the previous day
as an input. Although time-frames of less than a day can be used, Pivots are
commonly plotted on the Daily Chart; using price data from the previous day’s
trading activity.
WARNING:
- For purpose educate only
- This script to change bars colors.
Combo Strategy 123 Reversal & Floor Pivot Points This is combo strategies for get a cumulative signal.
First strategy
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
The name ‘Floor-Trader Pivot,’ came from the fact that Pivot points can
be calculated quickly, on the fly using price data from the previous day
as an input. Although time-frames of less than a day can be used, Pivots are
commonly plotted on the Daily Chart; using price data from the previous day’s
trading activity.
WARNING:
- For purpose educate only
- This script to change bars colors.
Supertrend Screener LABELThis screens for Supertrend reversal's in 10 different securities. The main logic for the screener is taken from "Simple Custom Screener in Pinescript" by QuantNomad with his permission. If the label color is not visible due to the text in it being white colored, then choose a different color from settings. Also added a simple supertrend to it.
Terminology explanation:
Confirmed Reversal: Supertrend reversal that happened in the last bar and cannot be repainted.
Potential Reversal: Supertrend reversal that might happen in the current bar but can also not happen depending upon the timeframe closing price.
Uptrend/Downtrend : Shows all the tickers that are either currently in uptrend or downtrend.
Combo Backtest 123 Reversal & Future Lines of Demarcation This is combo strategies for get a cumulative signal.
First strategy
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
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.
An FLD based on the low price.
WARNING:
- For purpose educate only
- This script to change bars colors.
Combo Strategy 123 Reversal & Future Lines of Demarcation This is combo strategies for get a cumulative signal.
First strategy
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
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.
An FLD based on the low price.
WARNING:
- For purpose educate only
- This script to change bars colors.
Combo Backtest 123 Reversal & Fisher Transform Indicator This is combo strategies for get a cumulative signal.
First strategy
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
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 peak swings as relatively rare events.
Fisher transform formula is: y = 0.5 * ln ((1+x)/(1-x))
The sharp turning points of these peak swings clearly and unambiguously
identify price reversals in a timely manner.
WARNING:
- For purpose educate only
- This script to change bars colors.
