Zero-lag TEMA Crosses is a spinoff of a the Zero-lag MA as described by David Stendahl in the April 2000 issue of the journal "Technical Analysis of Stocks and Commodities". This indicator uses TEMA calculation mode in order to make the lag lesser compared to the original Zero-lag MA, and that makes this version even faster than the Zero-lag DEMA too. This...
RedK TrendBeads is a super simple 3 x Moving Average Crossover Signal (Long/Short/Break) script that provides a simple and effective way for traders to identify potential trading opportunities. By combining three moving averages and only exposing a simple signal, the script helps filter out noise and focus on the trend and the trade...
I was struggling to find what I needed to combine an MA Cross strategy and MACD strategy. This strategy allows you to use more types of moving averages, including Double Exponential Moving Average and Triple Exponential Moving Average (DEMA & TEMA) in your MA Cross strategy, as well as removing the limits on MACD signal line length.
Hello traders! I have been developing a fully customizable algo over the last year. The algorithm is based on a set of different strategies, each with its own weight (weighted strategy). The set of strategies that I currently use are 5: MACD Stochastic RSI RSI Supertrend MA crossover Moreover, the algo includes STOP losses criteria and a taking...
The Buff Averages were created by Buff Dormeier (Stocks and Commodities Feb 2001) and this is another hidden gem that is a combo of a volume weighted indicator and a moving average crossover system. It uses a special method to calculate the weighting based on volume. The colored line (fast buff) will follow the price closely and you use the other line to act as a...
Here's a quick and simple script that produces yet another Smooth and Lazy Moving Average - SALMA - that helps hide noise caused by extreme price fluctuations to enable better trend visualization and tracking Concept: =========== SALMA is based on a simple concept - we calculate a standard deviation channel of a user-selected width - then correct the price value...
RedK Magic Ribbon is simple script that combines a fast and a slow moving averages to create a 2-Moving Average Cross-over / trend visualization tool. We utilize the Compound Ratio Weighted Average (CoRa Wave) as the fast MA line and the RedK Slow Smooth Weighted Moving Average (RSS_WMA) aka LazyLine as the slow MA line. i put this script together when i...
In this above indicator, one can plot 3 indicators simultaneously where, 200ema can be used to watch on-going long term trend, dynamic support levels for an instrument 50ema can be combined with 200ema forming a Golden Cross strategy, 50ema can be used as short term support and resistance as well. Lastly, 20ema could be your swing entry, exit, pullback...
Dear fellow 3commas users, This is a the most basic Moving Average crossover technique generating Buy Alerts. This is especially written for those of you who want to link this basic crossover strategy with your 3commas DCA bot . Buy Alerts Moving averages available: - Simple Moving Average (SMA) - Exponential Moving Average (EMA) - Weighted Moving Average...
Hey Folks, this is in indicator that generates buy and sell alerts using Ultimate Moving Average and Money Flow Index. Buy Alerts Multi Time Frame Moving Average trend reversal AND MFI < threshold Sell Alerts MFI crossing under overbought threshold Recommended settings for 3commas - Create Alert with Buy Alert and link it to "Message for deal start...
Note: This is just an idea, I did not test this for trading. MA Cross normally uses close as source in the moving averages, this script uses highs and lows as source. In an uptrend you will see the 20 period high EMA and 50 period low EMA, once they cross, the indicator will switch to 20 period low EMA and 50 period high EMA. This gives it way less fake crosses...
The Uhl MA crossover system was specifically designed to provide an adaptive MA crossover system that didn't committed the same errors of more classical MA systems. This crossover system is based on a fast and a slow moving average, with the slow moving average being the corrected moving average (CMA) originally proposed by Andreas Uhl, and the fast moving average...
Today proposed indicator is based on the corrected moving average, an indicator originally proposed by Andreas Uhl professor at Salzburg University. This moving average is not the most well known, which is a pity since its design is extremely elegant. The corrected moving average (CMA) is an adaptive moving average based on exponential averaging and aim to...
Based on Instantaneous Trendline, by John Ehlers , identifies the market trend by doing removing cycle component. I think, this simplicity is what makes it attractive :) To understand Ehlers's thought process behind this, refer to the PDF linked below. There are atleast 6 variations of this ITrend. This version is from his early presentations. You can find it...
can set alerts on 3 moving averages (crossovers) , experiment with different moving average lengths in the input settings menu, there is also a toggle switch which turns off the 3rd moving average being used as a stop. will add a backtesting version at some point
The main concept for creating this was to completely remove the whipsaw nature of VWAP by introducing lag. References: www.investopedia.com www.investopedia.com www.investopedia.com