This script is designed to aid in back-testing and trade execution. It displays three sets of values - the teal colored value is the current ATR, the green colored value is your stop loss distance (in pips) below the most recent swing low for long trades , and the red colored value is your stop loss distance (in pips) above the most recent swing high for short...
This indicator shows the Correlation Coefficient between the four input symbols and current chart symbol over the corresponding timeframe and period inputs. You can input four symbols with different aggregation and period settings. The period input is the number of bars used to calculate the correlation coefficient. How to Read the Correlation Coefficient...
This alert script is oriented towards automated trading with Gunbot. I call it "Options Galore" because of all the user-configurable settings it offers for up-trending and down-trending markets. (See: " Market Tone " study). A strategy script for quantitative backtesting, smarter buy/sell indicator such as TSI or Stoch RSI, and stop loss/trailing stop are all...
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This is an Indicator to complement The Love B♥t Strategy Script. You can create alarms with this indicator. The strategy is using a combination of few different indicators along with moving averages. You can learn more about the strategy script here.
An experimental indicator based on the Stochastic + Connors RSI binding
This indicator works similar to the Tightened Bollinger Band (TBB) Strategy. Normally, when bollinger bands tighten, you look for the point where they widen and the direction of the price is often a breakout. This indicator does the something similar, but using MACD, so you get other opportunities to get into plays. When the bollinger bands on the indicator...
Recommended Source = close FastRSI = 2 SlowRSI = 14 How it works? DoubleRSI = (FastRSI + SlowRSI ) / 2 = blue line DoubleRSI > 80 = red bg color = sell? DoubleRSI < 20 = lime bg color = buy?
Most traders take a decision to place the trade based on a combination of algorithms such as bollinger bands, keltner channels, and ichimoku cloud etc. Bitra BB Squeeze Scalper provides clear buy and sell signals with squeeze (purple color) in the chart of bollinger bands. The bands are color coded to show up and down trends.
Comprises of multiple algos incl direction, true range, momentum and volatility. Check out and feedback..
Color bars based on Asia session. Adjustable session time.
Check heikin ashi candles, look for the aqua & green bars (Stoch 100% and Quezze volume lime)
Look for the aqua bars for buy signal (heikin ashi candle, chart 1h->4h)
This version of level is designed for stocks that have not existed long enough to qualify for our standard arbitrage level formula. It also can be used on shorter time periods to show entries for day trades or swing trades. Enjoy