Hey! RSI ADX best indikator! The logic is pretty simple: value > 20: Oversold, next price action will follow that bullish trend, BUY signal is generated value > 70: Overbought, next price action will follow that bearish trend, SELL signal is generated If you have sny doubt just comment!
Compares a Moving Average with its Standard Deviation of price an displays as a histogram. Green bars indicate STD DEV above MA and therefore of higher than average volitity Red bars indicate STD DEV below MA and therefore of lower than average volitity
This Script is the second part of the previous one. In this second part it includes Longs and also Shorts. It is a little conservative, and is mainly used for swing trading. It can be used for everyday trading or if you’re using it for automated trading, you don’t necessarily need to run it as a bot. But you can do so if you want. To set it up without running it...
1. I got an idea from Ichimoku Cloud. But the value is completely different. 2. The alert version is being created and will be uploaded within a few days. 3. Various options can be set, so you can get the right value for yourself.
PTI_alert_V2.0 1. Apply long-term trend of 4H, 1D to strategy _1 - If long 4H is long EP (buy signal) -> long close (sell signal) 2. Apply long-term trend of 4H, 1D to strategy_2 - If long 4H is long EP (buy signal) -> ignore sell signal 3. Display the neutral section and refrain from trading in the neutral section (convergence section). 4. Check resolution 45m
Hey there This is a script requested by a friend It's based on the RSI Divergence script from Ricardos Santos : This version will color the candles instead of drawing an extra panel below the main chart I set this script on Invite-only cause it's only for a friend to be used. However, if interested, hit me up and I'll add you Enjoy Dave
This script contains: Multiple EMA's (8, 13, 21, 34, 55, 100, 200) Multiple SMA's (8, 13, 21, 34, 55, 100, 200) Bollinger Bands
Entry pattern GSV (Greatest Swing Value) We return with another Larry Williams pattern, the Greatest Swing Value or GSV, in principle this pattern was developed for the S & P 500, but it could be extrapolated to other markets, as with the previous pattern we will only explain it for long positions. First of all we have calculated the difference between the...
Bollinger bands multi tool. The user is allowed to turn on/off four sets of bollinger bands. The calculation uses simple moving average as default. However have other options: Basis options: options : "SMA", "EMA", "WMA", "VWMA", "SMMA", "DEMA", "TEMA", "HullMA", "LSMA", "VWAP" Basis can be turned on/off. The tool allows the user to adjust standard...
QuantCat Rainbow Ribbon The Rainbow Ribbon is a conglomerate of exponential moving averages of increasing time period plotted on a graph. The ribbon is used to help identify the strength of a trend while also helping spot timely market reversals. It consists of a 20, 25, 30, 35, 40, 45, and 50 EMA which are interchangeable values for your...