Jay Multi SMAIt's strategy of swing & positional trades.. It's based on the concept of crossing of SMA with there diff length...
Sma
Percent above or Below Moving Average Candle colourFilter:
If green candle is 'x' % above moving average than colour of candle is turn in blue colour.
If red candle is 'x' % below moving average than colour of candle is turn in orange colour.
Pranoyama MA/RSI toolEng: The indicator highlights the overbought and oversold RSI levels on the bars. Also draws two moving averages: sma or ema. The RSI levels, the type of moving averages and their period are set by the user.
Rus: Индикатор подсвечивает на барах уровни перекупленности и перепроданности по RSI, а так же рисует две скользящие средние на выбор: sma или ema. Уровни RSI, тип скользящих средних и их период устанавливаются пользователем.
p.s. Это адаптация ранее опубликованного мной индикатора
TradingCube : Moving Average : Data tablePlots moving average both EMA as well as SMA on Multiple timeframes at once in a Tabular Format
for rapid indication of momentum shift as well as slower-moving confirmations.
Displays EMA/SMA 5 8, 13, 21,34,55,89,100,200,400 by default as well as provide the users the flexibility to choose the timeframe as per their set up.
CL PMAPivot moving averages useing SMA's. This study is just a tweak from the study already done by @QUANTCT. I just cleaned it up and used SMAs instead of EMAs so he deserves most credit.
Multiple Daily SMA EMA on Intra 1min 5min 15min ChartsThis script is helping you auto plot daily SMA EMA and extensions when you are looking at intraday charts. The script is customizable where user can select which ever levels they are interested in viewing. These daily lines act as support and resistance levels for intraday
The green line represent 20 EMA Daily
The yellow line represent 50 SMA Daily
The olive line represent 200 SMA Daily
The red line is upper Bollinger Band Daily
The black line is lower Bollinger Band Daily
To help you understand which lines are what I would recommend you add this indicator and select "D" timeframe and then see which lines you would like to view for your 1min chart or 5 min chart you can customize from the setting options which plot color you would like to view.
Hodrick-Prescott Extrapolation of Price [Loxx]Hodrick-Prescott Extrapolation of Price is a Hodrick-Prescott filter used to extrapolate price.
The distinctive feature of the Hodrick-Prescott filter is that it does not delay. It is calculated by minimizing the objective function.
F = Sum((y(i) - x(i))^2,i=0..n-1) + lambda*Sum((y(i+1)+y(i-1)-2*y(i))^2,i=1..n-2)
where x() - prices, y() - filter values.
If the Hodrick-Prescott filter sees the future, then what future values does it suggest? To answer this question, we should find the digital low-frequency filter with the frequency parameter similar to the Hodrick-Prescott filter's one but with the values calculated directly using the past values of the "twin filter" itself, i.e.
y(i) = Sum(a(k)*x(i-k),k=0..nx-1) - FIR filter
or
y(i) = Sum(a(k)*x(i-k),k=0..nx-1) + Sum(b(k)*y(i-k),k=1..ny) - IIR filter
It is better to select the "twin filter" having the frequency-independent delay Тdel (constant group delay). IIR filters are not suitable. For FIR filters, the condition for a frequency-independent delay is as follows:
a(i) = +/-a(nx-1-i), i = 0..nx-1
The simplest FIR filter with constant delay is Simple Moving Average (SMA):
y(i) = Sum(x(i-k),k=0..nx-1)/nx
In case nx is an odd number, Тdel = (nx-1)/2. If we shift the values of SMA filter to the past by the amount of bars equal to Тdel, SMA values coincide with the Hodrick-Prescott filter ones. The exact math cannot be achieved due to the significant differences in the frequency parameters of the two filters.
To achieve the closest match between the filter values, I recommend their channel widths to be similar (for example, -6dB). The Hodrick-Prescott filter's channel width of -6dB is calculated as follows:
wc = 2*arcsin(0.5/lambda^0.25).
The channel width of -6dB for the SMA filter is calculated by numerical computing via the following equation:
|H(w)| = sin(nx*wc/2)/sin(wc/2)/nx = 0.5
Prediction algorithms:
The indicator features the two prediction methods:
Metod 1:
1. Set SMA length to 3 and shift it to the past by 1 bar. With such a length, the shifted SMA does not exist only for the last bar (Bar = 0), since it needs the value of the next future price Close(-1).
2. Calculate SMA filer's channel width. Equal it to the Hodrick-Prescott filter's one. Find lambda.
3. Calculate Hodrick-Prescott filter value at the last bar HP(0) and assume that SMA(0) with unknown Close(-1) gives the same value.
4. Find Close(-1) = 3*HP(0) - Close(0) - Close(1)
5. Increase the length of SMA to 5. Repeat all calculations and find Close(-2) = 5*HP(0) - Close(-1) - Close(0) - Close(1) - Close(2). Continue till the specified amount of future FutBars prices is calculated.
Method 2:
1. Set SMA length equal to 2*FutBars+1 and shift SMA to the past by FutBars
2. Calculate SMA filer's channel width. Equal it to the Hodrick-Prescott filter's one. Find lambda.
3. Calculate Hodrick-Prescott filter values at the last FutBars and assume that SMA behaves similarly when new prices appear.
4. Find Close(-1) = (2*FutBars+1)*HP(FutBars-1) - Sum(Close(i),i=0..2*FutBars-1), Close(-2) = (2*FutBars+1)*HP(FutBars-2) - Sum(Close(i),i=-1..2*FutBars-2), etc.
The indicator features the following inputs:
Method - prediction method
Last Bar - number of the last bar to check predictions on the existing prices (LastBar >= 0)
Past Bars - amount of previous bars the Hodrick-Prescott filter is calculated for (the more, the better, or at least PastBars>2*FutBars)
Future Bars - amount of predicted future values
The second method is more accurate but often has large spikes of the first predicted price. For our purposes here, this price has been filtered from being displayed in the chart. This is why method two starts its prediction 2 bars later than method 1. The described prediction method can be improved by searching for the FIR filter with the frequency parameter closer to the Hodrick-Prescott filter. For example, you may try Hanning, Blackman, Kaiser, and other filters with constant delay instead of SMA.
Related indicators
Itakura-Saito Autoregressive Extrapolation of Price
Helme-Nikias Weighted Burg AR-SE Extra. of Price
Weighted Burg AR Spectral Estimate Extrapolation of Price
Levinson-Durbin Autocorrelation Extrapolation of Price
Fourier Extrapolator of Price w/ Projection Forecast
Moving Averages RefurbishedIntroduction
This is a collection of multiple moving averages, where you can have a rainbow of moving averages with different types that can be defined by the user.
There are already other indicators in this rainbow style, however certain averages are absent in certain indicators and present in others,
needing the merge to have a more complete solution.
Resources
Here there is the possibility to individually define each moving average.
In addition, it is possible to adjust some details, such as themes, coloring and periods.
Regarding the calculation of averages, credit goes to the following authors.
What I've done here is to group these averages together and allow them to combine.
Credits
TradingView
PineCoders
CrackingCryptocurrency
MightyZinger
Alex Orekhov (everget)
alexgrover
paragjyoti2012
Moving averages available
1. Exponential Moving Average
2. Simple Moving Average
3. Relative Moving Average
4. Weighted Moving Average
5. Ehlers Dynamic Smoothed Moving Average
6. Double Exponential Moving Average
7. Triple Exponential Moving Average
8. Smoothed Moving Average
9. Hull Moving Average
10. Fractal Adaptive Moving Average
11. Kaufman's Adaptive Moving Average
12. Volatility Adjusted Moving Average
13. Jurik Moving Average
14. Optimized Exponential Moving Average
15. Exponential Hull Moving Average
16. Arnaud Legoux Moving Average
17. Coefficient of Variation Weighted Exponential Moving Average
18. Coefficient of Variation Weighted Moving Average
19. * Ehlrs Modified Fractal Adaptive Moving Average
20. Exponential Triangular Moving Average
21. Least Squares Moving Average
22. RSI Moving average
23. Simple Triangular Moving Average
24. Triple Hull Moving Average
25. Variable Index Dynamic Average
26. Volume-weighted Moving Average
27. Zero-Lag Exponential Moving Average
28. Zero-Lag Simple Moving Average
29. Elastic Volume Weighted Moving Average
30. Tillson T3
31. Geometric Moving Average
32. Welles Wilder Moving Average
33. Adjusted Moving Average
34. Corrective Moving average
35. Exponentially Deviating Moving Average
36. EMA Range
37. Sine-Weighted Moving Average
38. Adaptive Moving Average TABLE
39. Following Adaptive Moving Average
40. Hilbert based Kaufman's Adaptive Moving Average
41. Median
42. * VWAP
43. * Rolling VWAP
44. Triangular Simple Moving Average
45. Triangular Exponential Moving Average
46. Moving Average Price Correlation
47. Regularized Exponential Moving Average
48. Repulsion Moving Average
49. * Symmetrically Weighted Moving Average
* fixed period averages
Moving Averages Proximity Oscillator [LuxAlgo]This indicator returns the percentage or count of prices greater than simple moving averages with periods in a user set range, as well as the moving average period that is the closest to price values.
Settings
Minimum Length: Minimum SMA period
Maximum Length: Maximum SMA period
Smooth: Control the degree of smoothness of the indicator outputs
Normalized: Normalize the indicator outputs in a range (0, 100)
Src: Input source of the indicator
Usage
The indicator returns two outputs.
The "Price Above MA's" output returns for a current price value the number of times this one is greater than simple moving averages with periods ranging from Minimum Length to Maximum Length . This oscillator can be expressed as a percentage if Normalized is selected.
This oscillator allows identifying the direction of an underlying trend in the price. Higher Minimum Length and Maximum Length settings will return indications regarding longer term price variations, while shorter ranges will return less detailed outputs. This can be seen in the chart above where Minimum Length = 80 to Maximum Length = 100 .
The "Proximity Index" output on the other end does not return information regarding the direction of an underlying trend but the period of the simple moving average with periods ranging from Minimum Length to Maximum Length that is the closest to the current price value.
For various simple moving averages of differing periods, we can see that SMA's with shorter periods will tend to stay closer to the price, when price start reverting it will reach higher periods moving averages.
As such, this second indicator output can help identify the start of new trends, with higher values indicating price is reverting toward longer-term moving averages, suggesting a new trend forming.
TT Multibands MTFThis Multi Moving Average Indicator is for a long list of Moving Averages:
- Simple Moving Average (SMA)
- Exponential Moving Average (EMA)
- Weighted Moving Average (WMA)
- Hull Moving Average (HMA)
- Double Exponential Moving Average (DEMA)
- Triple Exponential Moving Average (TEMA)
- Volume Weighted Moving Average (VWMA)
- Kaufman's Adaptive Moving Average (KAMA)
- Relative Moving Average (RMA)
- Arnaud Legoux’s Moving Average (ALMA)
Advantages:
- Auto Plotting the Lable: < TIMEFRAME + BAND TYPE + LENGTH >
- Multi TimeFrame (MTF)
- Usable with Custom Time Frames: You can choose any Time Frame out of your Custom Time Frame List
- "No Repainting"
- "No Gaps" on lower Chart Time Frames (HD, no "Stairs")
"No Repainting" and "No Gaps" TRUE
"No Gaps" FALSE
DB MACD TTM SQZ HistogramDB MACD TTM SQZ Histogram
What does the indicator do?
The DB MACD TTM SQZ Histogram combines the MACD with the TTM Squeeze into a single histogram. Traders may use the "Multiplier" settings to weight MACD vs. TTM SQZ. The MACD will default have a multiplier value of 2 vs. 1 for TTM SQZ. The reasoning behind the default 2:1 multiplier is to allow the faster MACD to have a strong hand in the histogram. In addition to the histogram, the indicator will display a red dot when a BB/KC squeeze (TTM SQZ) is present. The TTM SQZ uses a length of 20, BB m-factor of 2, and KC m-factor of 1.5 to match the "Mastering the Trade" squeeze. The histogram is calculated by taking the MACD histogram and the TTM SQZ histogram and first standardizing them into reasonable decimal percentages. Once standardized, each decimal percentage is then multiplied by the individual multiplier. Finally, the two values are summed into the combined histogram value. The end result is a standardized weighted combination of the MACD (faster) with the TTM SQZ (slower) histogram.
How should this indicator be used?
The DB ETHUSD MMA Indicator should be combined with other indicators as a secondary visual indicator or market buy/sell periods. The indicator is not meant to replace the MACD or TTM SQZ. Analyzing the MACD and TTM SQZ wave patterns individually is extremely useful. The indicator allows the trader to quickly obtain a combined analysis of the two indicators with a predetermined preference (multiplier) towards one vs. the other.
In other words, the indicator is very helpful when the MACD and TTM SQZ are conflicting in providing market direction. Those familiar with MACD or TTM SQZ histograms recognize there are four periods in the full cycle; growing below zero line, growing above zero line, falling above zero line, and falling below zero line. Typically a trader would look for buying opportunities when the cycle is showing "growing below zero line." and sell when the price reaches the "falling above zero line." The qualification of the wave pattern of the four periods must be reviewed before trades. If the wave is choppy, then alternative timeframes should be reviewed. Think of wake on a lake or ocean waves. Choppy is unpredictable but smooth waves are more predictable.
The red dot on the zero line would indicate that a squeeze is present in the current timeframe, building pressure. The red dot does not indicate a pressure release of up or down. Instead, it simply means the spring is being compressed. When a squeeze is present, pressure builds and may release in either direction. You can combine this indicator with BB and KC on the plot with BB (20 len, 2 m-factor) and KC (20 len, 1.5 m-factor). You can review the BB/KC outer bands to see possible breakout resistance or support when a squeeze is on. If the price is outside the BB/KC outer banks, move to a higher timeframe.
Does the indicator include any alerts?
Not Yet. Perhaps in the Future (If Desired)
Enjoy!
J-AutomationJust a simple automation for FX trading.
This strategy goes long if the MACD histogram and the MACD momentum are both above zero and the fast MACD moving average is above the slow MACD moving average. As additional long filter the recent price has to be above the SMA 200. If the inverse logic is true, the strategy goes short.
SMA VWAP BANDS [qrsq]Description
This indicator is used to find support and resistance utilizing both SMA and VWAP. It can be used on lower and higher time frames to understand where price is likely to reject or bounce.
How it works
Rather than using the usual calculation for the VWAP, instead this script smooths the volume first with the SMA and then respectively calculates the smoothed multiplication of high, low and close price with the volume individually. These values are then divided by the smoothed volume to find individual VWAP's for each of the sources. The standard deviations of these are calculated, resulting in an upper, lower and middle band. It is essentially VWAP bands with some smoothed calculations in the middle.
How to use it
I like to use the bands for LTF scalping as well as HTF swings.
For scalping:
I tend to use either the 5m or 15m TF
I then set the indicator's TF to 1m
I will take a scalp based on the bands confluence with other PA methods, if price is being either supported or rejected.
For swings:
I tend to use a variety of TFs, including: 30m, 1H, 4H, D
I then set the indicator's TF to "Chart"
I will take a swing based on the bands confluence with other PA methods, if price is being either supported or rejected.
I also tend to use them on perpetual contracts as the volume seems to be more consistent and hence results in more accurate support and resistance.
Gate Signal by Market yogiThis indicator is made by Nischay Rana (Market Yogi)
How to use this Indicator
This is simple group of 8 moving averages, which can be configured in various ways according to your trading requirement.
1. moving average ribbon
2.moving average channel
3.moving average gate signal
4.This indicator has bonus indicator of bollinger bands inbuilt.
Logic:
As price has tendency to get closer to their moving averages. The logic behind this indicator is to use the contraction and expansion concepts of moving averages to find best entry exit points.
This nature of Price action is use to capture the big move after the convergence of all moving averages.
CAUTION : Do not blindly trade the gates as gate has tendency to break out on either side. So use this indicator in confluence with price action and other technical analysis to capture bigger moves.
Higher the gate width more gates are found. Similarly lesser the gate width less gate are found. i.e. Tight squeeze of all the moving averages.
"ENJOY HAPPY TRADING.."
Truly Yours Market Yogi
Moving Average Ribbon with OffsetHello,
this script is the same as the built-in Moving Average Ribbon. I just added the offset for all 4 the MAs.
SMA Multi Time Frame Table V1.5Since I couldn't find a script like this I made one so here is what it does.
The script will plot on the chart as well as post the related data into the table.
The default Simple Moving Avg are 5, 10, 20, 50, 120, 200 which can also be changed to whatever SMA you would like. The SMA values are then plotted on the charts so that quickly check to see where they are and how the candles are reacting to the SMAs.
Not only does the script plot the SMAs but it also places higher time frames into the table that is in the script, from current price, to daily, weekly, monthly, quarterly (3 months if you don't have it added) and yearly. The reason why was it price action of the stock does interact and can be rejected or find support from SMA on a higher time frames.
I still use this script so that you can quickly capture the values so that short-term, and long-term resistance and support can be determined during market hours.
Another good thing is that when you change the values in the script settings it also applies those settings to the table as well.
Now it will take a little bit for the table to show up, so please be patient. I have tested it with stocks, forex, and crypto.
I wanted to get this published and I am still working on the background to try and get EMAs. Where you can flip over to EMA to also see the EMA plots and table values for the MTF.
HTF 4 MA Trend Analysis by Prosum SolutionsIntroduction
This indicator will render up to four (4) moving averages on the chart in any higher timeframe and provide a "MA Bullish/Bearish Strength Signal" as a plot output that can be used to link with other indicators on the chart that use the `input.source()` function.
How is it original and useful?
The indicator allows you to use up to four (4) different moving average types of various types, each at different lengths. The moving average types that are supported are:
SMA - Simple Moving Average
EMA - Exponential Moving Average
RMA - RSI Moving Average
WMA - Weighted Moving Average
VWMA - Volume-Weighted Moving Average
SWMA - Symmetrically-Weighted Moving Average
This indicator makes use of the security() function and applies the best-practices as provided by the PineCoders' script called " `security()` revisited PineCoders " so that the indicator will not repaint when you refresh the chart or re-open it at a later date.
What does it do and how does it do it?
Using the four moving averages, each with increasing lengths, allows you to confirm bullish and bearish trends using a weighted rating system to compute a trend strength signal value. Specifically, the indicator provides a plot data series called "MA Bullish/Bullish Strength Signal" the is simply the summation of the bullish/bearish trend weight values between the four moving averages. The bullish/bearish trend weight values are determined by the position of the moving average lines relative to each other. For example, when Moving Average 1 is above Moving Average 2, this is considered a bullish trend and the weight value will be 1. The weight values can be changed to in the settings to define your own specific weights/values to rate the trend strength. The following list defines the meaning of the "MA Bullish/Bullish Strength Signal" value.
-6 = Strong bearish
-2 = Moderate bearish
2 = Moderate bullish
6 = Strong bullish
An additional option allows you to add a band around a specific moving average using a deviation percentage to further evaluate the candles being above or below the upper/lower bands. When the candle's close value is above or below the bands, you can add another weighted value to the signal result. As a result, an additional plot series called "MA Bull/Bear+Band Signal" is provided to include the moving average band weight.
Lastly, the chart example above demonstrates how you can use the indicator as an overlay to the price chart or as a separate panel above or below the price chart. The indicator can change what to plot based on an input setting called "Display Mode". When set to `Overlay`, the indicator will draw only the MA and MA Band plots. When set to `Pane`, the indicator will draw only the signal plots over a zero line to visualize the signal changes with the chart events.
Enjoy! 😊👍
EMA ON MA SETSOORY FOR MY EINGLISH
ITS NOT MY NATIVE AND IM NOT GOING TO GOOGLE TRANSLATE THIS
this is a beuaitful indicator that plot EMA that gat is calc from another ma and length for your choise so you will get an = 'ema on ma '
it can plot you more beautiful results and more smoothing results
i added golden/death cross for all ma
enjoy !
היי חברים זה בעצם אינדיקטור של ממוצע נע על ממוצע נע לנוחיכותכם
הפלט הראשי הוא EMA
הוא לוקח את החישוב שלו ממוצע אחר והאורך שתגדירו
נותן תוצאה יותר חלקה של ממוצעים נעים
הוספתי חתיוכים בין ההמוצעים
תהנו.
Month/Month Percentage % Change, Historical; Seasonal TendencyTable of monthly % changes in Average Price over the last 10 years (or the 10 yrs prior to input year).
Useful for gauging seasonal tendencies of an asset; backtesting monthly volatility and bullish/bearish tendency.
~~User Inputs~~
Choose measure of average: sma(close), sma(ohlc4), vwap(close), vwma(close).
Show last 10yrs, with 10yr average % change, or to just show single year.
Chose input year; with the indicator auto calculating the prior 10 years.
Choose color for labels and size for labels; choose +Ve value color and -Ve value color.
Set 'Daily bars in month': 21 for Forex/Commodities/Indices; 30 for Crypto.
Set precision: decimal places
~~notes~~
-designed for use on Daily timeframe (tradingview is buggy on monthly timeframe calculations, and less precise on weekly timeframe calculations).
-where Current month of year has not occurred yet, will print 9yr average.
-calculates the average change of displayed month compared to the previous month: i.e. Jan22 value represents whole of Jan22 compared to whole of Dec21.
-table displays on the chart over the input year; so for ES, with 2010 selected; shows values from 2001-2010, displaying across 2010-2011 on the chart.
-plots on seperate right hand side scale, so can be shrunk and dragged vertically.
-thanks to @gabx11 for the suggestion which inspired me to write this
Rajiv Patel Strategy with ATR RSI CCI MACD EMA IchimokuRajiv Patel Strategy with alerts helps to identify entry and exit levels based on following Indicators.
1. ATR Trailing Stoploss
2. RSI
3. CCI
4. MACD
5. EMA
6. SMA
7. Ichimoku
This Strategy is fully customizable as per your trading style. Below are some examples of how once can use the Strategy.
Options Based on Each Indicator Individually.
1. ATR Trailing Stoploss – When price is above ATR Trailing Stoploss line its in buy zone and when below its in sell zone. The setting of ATR Trailing Stoploss are customizable like ATR Periods and ATR Multiplier. Suggest increasing ATR Multiplier with lower timeframe. Aggressive buyers can decrease ATR Period in higher timeframe as per trade plan.
2. RSI – RSI above EMA Length is buy zone and below is sell zone. Conservative buyers can increase the RSI & EMA Length period while aggressive and reduce. Higher the timeframe gives better results.
3. CCI – Similar to RSI the buy zone is when CCI crosses above EMA Length. Again CCI & EMA Length can be customised as per trade plan. Higher timeframe is advised.
4. MACD – MACD parameters default settings are based on trying to get early entry. One can change to 26, 13 and 9 in lower timeframe. When MACD crosses above Signal line its buy zone and when below its sell zone.
5. EMA – 5 EMA lines and 2 SMA lines can be plotted. The settings of both EMA lines and SMA lines can be adjusted based on timeframe and trade plan.
6. EMA – EMA line 1 and 2 can be used as buy when EMA1 crosses above EMA2 and sell when below. The length of EMA1 & 2 is adjustable. Suggest modifying based on timeframe and trade plan.
7. SMA – SMA1 can also be used as solo indicator. If price is below SMA1 then its no buy area and if above, then in buy area. SMA2 can be used to identify if trend is upward or downward based on user settings.
8. Ichimoku – It predicts price movements bit like moving averages. Offers a unique perspective of support and resistance levels.
Conversion Line (Tenkan Sen)
- Measures Short Term Trend
- Signals an area of minor support and resistance
Base Line (Kijun Sen)
- Measures Medium term trend
- Used as Trailing Stop Level
Lagging Span (Chikou Span)
- Used for confirmation of signals
- Can also serve as Support and Resistance Level
Kumo Cloud
- Formed of two lines: Senkou Span A (Green Line) and Senkou Span B (Red Line)
- Dynamic Support and Resistance
HOW TO READ ICHIMOKU INDICATOR
Conversion Line (Tenkan Sen)
- If Price is above the Conversion Line = Short term upward movement
- If Price is below the Conversion Line = Short term downward movement
- Increasing Conversion Line = Short term uptrend
- Decreasing Conversion Line = Short term downtrend
Base Line (Kijun Sen)
- If Price is above the baseline = Medium term uptrend
- If the Market price is below the baseline = Medium term downtrend
- Increasing Base Line = Medium term uptrend
- Decreasing Base Line = Medium term downtrend
Lagging Span
- The Evolution of the current price action in relation to previous price action
- If the Lagging span is above the current price = Bullish Bias
- If the Lagging span is below the current price = Bearish Bias
- Lagging span near the current price = Trading range
Kumo Cloud
- Dynamic Support and Resistance based upon price action.
- The longer the price stays below/above the Kumo cloud, stronger the trend
- When the cloud is wide, the expected support or resistance is strong
- When the cloud is thin, the expected support or resistance is weak
- Never trade when price is inside Kumo Cloud
HOW TO TRADE WITH ICHIMOKU CLOUD
1. Baseline and conversion Line crossover (Lagging Span as a Filter)
crossover (conversion line, baseline) = Buy
crossunder (conversion line, baseline) = Sell
FILTER
Crossover (conversion line, baseline) and lagging span is Bullish (i.e above the price) = Buy
Crossunder (conversion line, baseline) and lagging span is Bearish (i.e below the price) = Sell
2. Baseline - Conversion line crossover (Kumo cloud Filter)
Crossover (conversion line, baseline) above the Kumo Cloud = Strong Buy
Crossover (conversion line, baseline) below the Kumo cloud = Weak Buy
Crossunder (conversion line, baseline) below the Kumo Cloud = Strong Sell
Crossunder (conversion line, baseline) above the Kumo Cloud = Weak Sell
3. Kumo Cloud Breakout
When the price enters the Kumo Cloud, and breaks its Upper wall upward = Bullish Signal
When the price enters the Kumo Cloud, and breaks its Lower wall downward = Bearish Signal
4. Kumo Cloud Crossover
When Span A crosses the Span B from below to the upside and prices are positioned above the Kumo Cloud = Strong Buy Signal
When Span A crosses the Span B from upside to the bottom and the prices are positioned below the Kumo Cloud = Strong Sell
When Span A crosses Span B from bottom to the upside and prices are positioned below the Kumo Cloud = Weak Buy Signal
When Span A crosses Span B from the upside to the bottom and the prices are positioned above the Kumo Cloud = Weak Sell Signal
Options Based on Combining Multiple Indicators.
One can select and combine multiple conditions based on above understanding of individual indicator to create a strong Long Entry, Short Entry, Long Exit and Short Exit. This Strategy also provides Alert signal for all entry and exit based on the combinations of conditions selected.
Since this is a strategy one can use STRATEGY TESTER to understand how the strategy has performed over the selected time span. This however does not guarantee similar results in present or future trades.
Please enter commission or total charges charged by your broker in “Properties” Tab of the strategy. Modify all parameters of “Properties” Tab as needed. Note, this can affect the performance results of the strategy.
Need to be very careful in selecting conditions as it becomes very complex with many options available.
Note:
Triangles at the top and bottom indicates the zone. Can be turned on / off using condition “Show Conditions Visually”.
1. Red triangle at top pointing down with ‘S’ indicates in Long Exit zone.
2. Red triangle at top pointing down with ‘EnS’ indicates in Enter Short zone.
3. Green triangle at bottom pointing up with ‘B’ indicates in Long Entry zone.
4. Green triangle at bottom pointing up with ‘ExS’ indicates in Exit Short zone.
5. When the is no triangle either at top or bottom means there is no zone.
Send me your suggestions, will try to incorporate the same in next revision.
EMA Slope/Angle OscillatorEMA Slope/Angle Oscillator, Multiple Moving Average Oscillator, Multiple type
Moving Averages HMA,EMA,WMA,SMA, VWMA,VWAP provided.
The angle is calculated between the Slow MA and Fast MA and the difference between the angle is plotted as Histogram.
Additionally Buy Sell Signals are plotted as green and red Dots.
its very easy to judge the movement of price Bearish/Bullish.
Bearish if price below 0 line
Bullish if price above 0 line
Zero crossing is Moving Average Crossover.
Trend Filter is provided to filter opposite signals.
Angle Threshold is provided to filter low angle false signals.
Dead zone is plotted around Zero Line. Trades can be taken after Threshold angle or Dead zone is crossed
Its interesting to see how different Moving Averages move along with price Action.
SMA - SSL Hybrid - HalfTrendSMA - Halftrend Signal - SSL Hybrid ichi signal indicator
This indicator is actually a combination of several indicators to get the right signal in the direction of the market and gain profit
At first, there are some simple moving averages called MA, which are used only to display the simple moving average in different time frames.
Then we have the combination of a Halftrend indicator which is set in such a way that if the three Halftrend lines are green, it will issue an ascending signal, and if all three lines are red, it will issue a descending signal.
In the following, we have Tenkasen from Ichi Moko with SSL Hybrid, if the candlesticks are above Tenkasen and SSL Hybrid issues an upward signal, it is a suggestion to enter into a buy transaction, and if the candles fall below Tekasen and SSL Hybrid A bearish sign above the candle means a sell offer
It is more optimal to place the candlestick display in Heiken Ashi mode
MA Ribbon AnnualThis script starts with the 252 E(S)MA and steps it down 21 days per MA. The starting ribbon (Annual Moving Avg Length) and step-downs (Monthly Step Downs) are adjustable.
The goal of this script is to quickly see if prices respect a certain MA length more than another. Monthly lengths were chosen because of their relation to earnings and other reports.