So I took an idea from various scripts out there that fcus on EMAs, EMA Ribbons, SMAs, including gains. The idea behind this is to eliminate excess noise by cross referencing values from both SMA and EMA in a more competitive environment. What this does is provide the trend determined by EMAs while using a SMA gain to cut out the fluff so to speak. Works good on...
Update of Average True Range Trailing Stops Strategy by HPotter to include backtesting support Opens longs when price crosses over trailing stop line, closes when price crosses below Option to open/close shorts when longs are closed/opened Option to specify a time range to test over. For example, set Max Days Back to 360 and Min Days Back to 180 to test...
Latest version. Nobody gave me feedback and managing requests to add people became a PITA. Enjoy. I like money, you like money, this set up has the potential to make a LOT of it. That being said, I do NOTmake any warranties of this making you money, nor do I guarantee you will NOT lose money. In the end, you're the one configuring it and interpreting the results....
This is a simple implementation of Jesse Livermore's Market Key as presented in his book. To define the areas for the trends I use ATR and as a base line the average between highest and lowest price on a defined period (default is 26). The script is actually my first script, if you use it please give me a feedback, any advice on the code is really appreciated
Precision was increased as altcoins often uses 10^8 satoshi as minimum unit.
Sharing one more strategy after getting good feedback on my earlier published strategy. This is simple volatility stop strategy where in we are using VStop as entry and exit point. Again smart traders can add MA to decide the trend and can avoid trading in opposite direction of trend which will help them to minimize loss making trades. There are more than...
Smoothed Rate of Change indicator script. This indicator was originally developed by Fred G. Schutzman.
Volume Weighted EMA CCI + TTM squeeze in one indicator Credit goes to SpreadEagle 71 for the CCI and Greeny for the TTM
The Commodity Channel Index (CCI) is a leading oscillating momentum indicator that was developed by Donald Lambert to identify cyclical turns in commodities but can also be used on securities and bonds as well. HOW IS IT USED ? Lambert used the CCI to generate entry and exit signals when the CCI moved above +100% and below -100% respectively. When the CCI moves...
ADX is a lagging trend indicator designed by J Welles Wilder and indicates the strength of a trend, or when a stock is in a strong uptrend or downtrend, or whether it's moving sideways. However, the ADX does not indicate if the trend as bullish or bearish. It merely indicates the strength of the current trend. Also, ADX does not give entry or exit signals. It...
This script helps trader identify volatility direction in order to classify each market move. It also provides good entry points.
Donchian Channels with EMA's 8, 13, 21, 34, 55, 89 (fib numbers). Everything is configurable.
Multi Indicators v1 20 50 200 EMA/SMA, Bollinger Bands, VWAP These can be turned on and off I'll be adding to this multi indicator in future updates