Uber Baseline [UTS]Uber Baseline is a highly customizable Baseline component for any trading system. Different strategies can be applied making it a powerful tool for every trader.
General Usage
The Baseline is used as an indication of the prevailing trend and helps keeping the trader out of bad trades.
Price above the Baseline only allows for LONG trades and below Baseline only allows for SHORT trades.
On price cross upwards from below Baseline and and candle close above Baseline the movement can be considered as bullish. Controversy if price crosses Baseline downwards from above and and candle closes below the baseline the movement can be considered as bearish.
Hence, ENTRY Signals for LONG or SHORT can be derived from those Baseline crosses.
Furthermore, any Baseline cross can also be treated as valid EXIT signal for an open position as the movement indicates a possible shift in trend.
Price that moves with unusual high volatility into one direction often tends to not trend but instead pulls back. Overshoot of the base line (default setting: 1x ATR) is recognized but does not produce an ENRTY signal, only an EXIT signal.
Advanced techniques can incorporate the one-candle-rule waiting for pullbacks after Baseline overshot following a possible ENTRY in direction of the new trend.
Trend traders can also look for Baseline bounces after an ENTRY signal for confirmation and better trade entries.
Moving Averages
16 different Moving Averages are available:
ALMA (Arnaud Legoux Moving Average)
DEMA (Double Exponential Moving Average)
EMA (Exponential Moving Average)
FRAMA (Fractal Adaptive Moving Average)
HMA (Hull Moving Average)
JURIK (Jurik Moving Average)
KAMA (Kaufman Adaptive Moving Average)
Kijun (Kijun-sen / Tenkan-sen of Ichimoku)
LSMA (Least Square Moving Average)
RMA (Running Moving Average)
SMA (Simple Moving Average)
SuperSmoothed (Super Smoothed Moving Average)
TEMA (Triple Exponential Moving Average)
VWMA (Volume Weighted Moving Average)
WMA (Weighted Moving Average)
ZLEMA (Zero Lag Moving Average)
A freely determinable length allows for sensitivity adjustments that fits your own requirements.
Trend Visualization
If the predominant trend direction is DOWN the moving average is painted red. If the trend direction is UP the moving average is painted in green.
If the movement is FLAT then the color is gray.
Alerts
Traders can utilize the following signals to trigger alerts from:
Bull Cross
Bear Cross
Overshoot Up
Overshoot Down
Those values are > zero if a condition is triggered.
Alert condition example: "Bear Cross" - "GreaterThan" - "0"
BASE
Pocket Pivot IndicatorFrom Gil Morales and Chris Kacher (O'Neil's disciples). Designed to find buy points in bases and continuation buy points in an uptrend. The volume today must be greater then the maximum down volume of the past 10 trading days. Recommended to use in conjunction with the 10 day and/or 50 day moving average.
Typical use :
Scan for pocket pivots.
Is stock strong fundamentally? i.e- leader in it's sector
Has the stock developed a base ?(see O'Neil's work for base discussion)
Is the stock breaking through or bouncing off the 10 period sma? (can use 50 sma too)
If so.. a possible buy.
Cheers
David
Support the Resistance BacktestHello Fellow Traders!
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This is the newest addition to Gnome Alerts PRO!
This Bot Script works on all Crypto, Leverage, Forex, & Traditional Exchanges.
Trade of Support & Resistance Levels in Realtime!
FEATURES
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*Autoview Ready*
- Easy to Use
- Backtesting Included
- Stop Loss
More info on how gain access in my profile!
Quickfingers Luc's Base Breaking Indicator v2Overview of Features
This indicator attempts to implement Quickfingers Luc’s (QFL) Base Breaking trading methodology(1). It will monitor the chart price action and identify bases as they form and provide alert notifications for when bases and/or layers are cracked and respected.
This indicator is designed to locate pivot patterns and validate them to ensure they qualify as valid bases according to QFL’s trading principles by analyzing the percent price drop/bounce, volume and other settings to help you customize it to your chart. It will switch to new bases as they are identified and validated, thus there's the potential for bases to not be respected because it has switched to a new base.
It supports up to nine (9) layers with crack and respected alerts with chart X-Cross shapes to help you visualize the events.
Lastly, the indicator creates additional data points that are viewable in the data window panel, displaying the following metrics:
Bases Created
Bases Cracked
Bases Respected
Success Rate %
Median Drop %
Median Bounces %
Usage Information
The indicator can be applied to any chart at any time frame, but QFL principles advise to use at least 1 hour resolution for best results.
Direct message me to start the process of obtaining access.
Version/Release Information
This indicator is version 2 and is a re-write of the previous release
New features in the next release will include:
Defect fixes as they are identified
Multiple bases at the same-time, in order to improve respected base detection when switching to new bases
Any new features proposed by the user community
References
1. Luc, Quickfingers. (2016, July). “Quickfingers Luc, Some people love gardening, not me, I grow money (trading)” . Retrieved from steemit.com
Quickfingers Luc's Base Breaking Indicator v1This script is an attempt to implement Quickfingers Luc's Base Breaking Strategy (steemit.com) where it will detect bases using pivot low detection, panic selling detection (price momentum), RSI and percent below base thresholds to trigger an alert condition.






