This strategy is based on RSI divergence indicator. RSI period setting 5 Go Long when Bull or Hidden Bull is shown Exit when RSI goes above 75 OR when bear condition appears
Many have requested me for indicator version with alerts for the RSI Divergence strategy. Here is the one ... Please note alert triggers in delay by number of bars defined in the settings. (same as strategy) ... Bar color also changes when alert triggers ... Yellow Bar shows BUY Purple Bar shows EXIT ( Exit the Long position ... NO SHORTing ) On each...
The Breadth Thrust Indicator is a technical indicator which determines market momentum, signaling the start of a potential new bull market. The Breadth Thrust Indicator was developed by Martin Zweig, an American stock investor, financial analyst, and investment adviser. According to Zweig, the concept is based on the principle that the sudden change of money in...
Golden Triangle strategy setup is a variation of the buy-the-dip strategy, by Charlotte Hudgin. You can find the detailed explanation here by Thomas N. Bulkowski thepatternsite.com BUY === 1. price should be trading above sma50 2. when it touches sma50 first time , check the starting rallypoint of where it initiated 3. from the above point to current close ,...
I have been checking the strategies on ADX indicator. I have found that +DI crossing above ADX line under threshold 30 and exit on crossdown when ADX above 30 has better results than just following crossovers of +DI and -DI , ADX crossing above 30 . BUY Rule ======== fast ema is above slow ema (default 13 and 55 , you can change these values...
This strategy combines VWAP and BB indicators BUY RULE 1. EMA50 > EMA 200 2. if current close > vwap session value 3. check if price dipped BB lower band for any of last 10 candles EXIT RULE 1. price closes above BB upper band STOP LOSS EXIT 1. As configured --- default is set to 5% warning: for the use of educational purposes only
This strategy uses the RSI on MACD indicator. BUY ==== When RSI indicator crossing over 30 or 35 line and price above slow ema Note: when the position already taken, you may reenter on the purple candle Partial Exit ========== Partial profit taking option is available in settings. If this is selected , 1/3 position exited when RSI indicator crossing...
This strategy is similar to RSI V pattern strategy, but it looks for W pattern in RSI chart. RULES ====== BUY 1. ema20 is above ema50 2. RSI5 crossing up 30 from oversold area 3. and RSI5 must be below overbought area (default value set to 65) Add to existing Position 1. You can add on the next W pattern OR 2. if RSI5 is crossing up from below 20 Exit 1....
This strategy uses BB of VWAP and Pivot point to enter and exit the Long position. settings BB length 50 BB Source VWAP Entry When VWAP crossing up BB midline and price/close is above weekly PivotPoint ( you can also use Daily pivot point ) Exit When VWAP is crossing down BB lower band Stop Loss Stop loss defaulted to 5% Note : Long will...
This is simple strategy based on Aroon Oscillator. I have found that using length 144 or 169 on hourly chart shows excellent results. Tested on SPY , QQQ and AAPL. Especially when you look at AAPL results , it has 60% profitable in recent trades. ( Dont assume this will be same for other stocks or ETFs) Aroon Oscillator setting : 169 ( ...
This strategy inputs the vwap as source to RSI indicator. ENTRY When RSIofVwap crossover 70 and price is above ema200 partial exits when RSIofVwap reaches 90 level take a portion of profit Exit When RSIofVwap crossdown 30 stoploss defaulated to 5% Risk Level Defaulted to 10%. Based on this startegy calcuclates hiw many units can be purchased...
This is SHORT selling strategy with Ultimate Oscillator. Instead of drectly using the UO oscillator , I have used RSI on UO (as I did in my previous strategies ) Ultimator Oscillator settings are 5, 10 and 15 RSI of UO setting is 5 Short Sell ========== I have used moving averages from WilliamAlligator indicator --- settings are 10(Lips), 20(teeth) and 50...
This is SHORT selling version of RSIofVWAP strategy. Settings and Logic are totally different from LONG side version , hence I am publishing it as a new strategy. Settings ============ VWAP of RSI Length 15 Slow EMA Length 200 Short entry level 25 Cover short level 70 stop loss 5 SHORT Entry ============ condition1 : When RSIofVWAP crossdown below...
This strategy follows the trend when price is above VWMA indicator. I have modified entry and exit rules to get most out of it. Instead of entering LONG when price crosses above VWMA, I have used RSI(14) of VWMA . that way it skips the false signals. (some extent) ENTRY ======== 1. VWMA setting is 33 2. When RSIofVwma is above 30 enter Long ( and ...
This is variation of RSI Divergence strategy. I have added a filter (long term RSI) to the Rules. strategy BUYs when RSI 50 period is above 50 line and there is divergence on the short term RSI settings ========= short term RSI period 5 long term RSI period 50 stopLoss is 8% --- if setting is enabled BUY Rule ======== RSI 50 is above 50 line short...
This strategy based on RSI for swing trading or short term trading Strategy Rules ============= LONG 1. ema20 is above ema50 --- candles are colored green on the chart 2. RSI value sharply coming up previous candle1 low is previous candle2 low and previous candle1 RSI value is less than previous candle2 current candle RSI value is greater...
After I published Short Selling strategy with RSIofUO , I have been working for Long side strategy with same indicator. but for Long strategy , I have used only the Ultimate Oscillator ... (Not the RSI of UO) Logic behind this is , when UO goes below oversold level , high chance of possible reversal from there ... Ultimate Oscialltor values , I have used are...
This is the indicator version of RSI V Pattern strategy alertconditions added. Note: This beta version , I still need to fix the color for the Exit when trade is not in Long ...