⬜ Note: This is not the strength of currency pairs. But, in this script we are trying to derive strength of individual currencies by matching against single base currency.
This is based on similar concept as that of Magic Numbers for stocks. Idea is simple.
▶ Calculate strength of each currency against USD. Derive the strength for both price movement...
This strategy is mainly designed for swing trading applied to FOREX.
In this case we make use of 2 moving averages but with different time frame, lets say 1h and 1 day.
When they cross above we would initially have a long trade, but in this strategy we trade it in reverse, so we would actually enter a short position.
The same for short trade.
At the same time...
This script could help to see edged level for a reverse on forex, not for yen pairs and is based on quarter and round number theory.
I suggest to use it on H4 timeframe or lower to have a confermation on support or resistance level.
Trading Indicator Lab’s Currency Strength Index for TradingView is a “multitool” of currency indices. It can calculate the strength index of major currencies namely:
- US Dollar (USD)
- Euro (EUR)
- British Pound (GBP)
- Swiss Franc (CHF)
- Japanese Yen (JPY)
- Canadian Dollar (CAD)
- Australian Dollar (AUD)
- New Zealand Dollar (NZD)
Instead of using...
point of possible Reversal, PPR :
in this strategy I have tried to find out the possible Reversal points in the forex pairs. It’s the most resisted levels from where the trend takes up a particular direction. These PPR can lead the price in any direction depending upon the time zone its happening in.
In this strategy once the code finds a PPR it then checks for...
The indicator plots breakout events of user-defined Forex list, providing alert setting for breakout events.
Any big trend begins with a couple of price breakouts. By watching breakout events, we overlook the panorama of the whole market.
---------- Features --------------
User-Defined Forex Asset List, Up To 30 Assets
User-Defined Breakout Threshold
Hello traders 👋
I. 💎 SCRIPTS ACCESS AND TRIALS 💎
1. Every trial request access has to be done through my website.
2. My website URL is in this script signature at the very bottom (you'll have to scroll down a bit and going past the long description) and in my profile status available here: Daveatt
3. Many video tutorials explaining clearly how all our...
Нами было принято решение о возможности предоставления доступа к нашему индикатору - WBCC Strategy, он подходит для любой биржи и видов монет и акций.
1) Золото - Форекс -
2) Биткоин - Bitmex -
3) MLT - Binance -
Every good forex system has the following basic components:
Ability to recognize the trend direction.
Ability to identify the strength of the trend and answer the basic question
Is the market trending or is it in a range?
Ability to identify safe entry points that will give a perfect risk to reward (RR) ratio on every position.
How Advanced Currency Meter Helps...
This Special Indicator pairs great with kiki, and it is meant to let you know when a high probability short opportunity arises.
Only one rule to this indicator, Only enter a short trade when the signal candle is below the purple line.
Comments? Concerns? Post them in the comments below, really just looking for feedback from traders.
The script is made only for the 1 hour tick chart in the FOREX market.
Please use script with "heikin ashi" --> This will give more profit and less drawdown!
This script gives BUY and SELL signals on the chart.
If you want to have the alerts also, you find it here:
-- If you want...
The script is made only for the 15 minutes tick chart in the FOREX market.
This script gives alerts but you have to manually add the alert signal.
When you install the alert signal you need to choose for "Once Per Bar Close".
If you want to have the signals also, you find it here:...