It's base on EMA and RSI. Default Settings : EMA (H): 55 EMA (L): 55 RIS (50) OverBought: 52 OverSold: 48 Rule For Buy : Ready for BUY when it's cross above 55 EMA (Source is "High", Offset is "0"). RSI Must be amove 52 when the price is amove 55 EMA(H). Buy it. with stoploss. (Stoploss Must be previous cable's low...
This indicator can be used to determine a likely trading range, based on different rsi levels, translated to price points JD. #nottradingadvice # DYOR
Price tends bounce back from, break through or to hoover around the 50-rsi-line This simple indicator shows resistance levels based on the 50-line of: - the current timefram rsi - the 3 x timeframe rsi - the 5 x timeframe rsi - the 10 x timeframe rsi JD.
Strategy CMO and volume oscillator based. Designed for small cap ( = "soja", en hommage à "Un Indien dans la ville" et le trade du soja ;) The purpose is to identify a range market stock with bollinger bands and to alert of a potential bull run. Méthode basée sur Oscillateur des volumes et du momentum, le but étant de flag l'augmentation des volumes juste...
This script displays the Stochastic and Relative Strength Index ("RSI") indicators. Each indicator can be displayed standalone or shown together. The Stochastic indicator also has functionality to highlight overbought/oversold levels as well as relative placement of K and D. The RSI indicator can also be updated to utilize the Arnaud Legoux Moving Average...
Elder-Ray Bear and Bull Power Dr. Alexander Elder cleverly named his first indicator Elder-Ray because of its function, which is designed to see through the market like an X-ray machine. Developed in 1989, the Elder-Ray indicator can be applied to the chart of any security and helps traders determine the strength of competing groups of bulls and bears by gazing...
This study draws a trend line for the last two Bill Williams up-fractals and down-fractals. Trend line break signals and alerts can optionally be added.
Adaptive Relative Strength shows a line of relative strength with a moving period in relative to Nifty 500 for Indian Market, by default its 45 days but you can change as per your need or change relative symbol as per your need.
Return the percentage of closing prices greater than SMA's with periods within a user-selected range. An exponential moving average applied to these results is also displayed (in orange). Settings Min : Minimum period of the SMA in the range Max : Maximum period of the SMA in the range Smooth : Period of the EMA Src : Input series of the indicator ...
What you see is the close - hullMA (user defined length (source = open)) displayed as an oscillator. When the red line crosses the green line from below 0 it could mean a short position = (red dot) When the green line crosses the red line from below 0 it could mean a long position = ( green dot ) Enjoy:)
A simple indicator of trend by using 3 EMAs of multiplies of 2, 5 and 10, filtered by standard positive/negative directional movements (DM) which are the base of Average Directional Index (ADX). The "Trend Strength" option is included to set the EMA multipliers and also the variation between DM+ and DM- which interpret the trend as a weak or a strong one. Note...
early i put example for source MTF with no security you can find it here with all detail about it this is just example that i try to use this code for weis volume invented by Lazy bear you can play with different option of this MTF model I use the TF1 of TF3 to increase time by minute and i keep the other res as the same as the candle time ytou can try...
Sharing RSI Screener. It shows RSI Situation for 12 Stocks. User can replace the stocks as per their respective exchange User can select 3 Time Frames of his/her choice User can change the OverBought / OverSold Values to 70/30. This indicator uses 80/20. RSI BELOW 50 = PINK COLOR OVERSOLD = MAROON COLOR RSI ABOVE 50 = LIGHT GREEN COLOR ...
OSCAR Oscillator by GenZai Green line is the Oscar Rough Red line is the Oscar By default based on the 8 last candles and smoothed using RMA Purple line is the Slow Oscar By default based on the 16 last candles and smoothed using WMA HOW TO USE Exit signaling This indicator can be used as an exit indicator when line cross each other. Entry...
This script is a simple ATR cross, where the short-term ATR helps quickly and easily determine whether volatility is "high" or "low" compared to the long-term ATR value. Both values are adjustable, but initially calibrated for the daily chart.
A slighty modified version of Better Bollinger Bands. The idea of the experiment was to do a thing like the well-known Vortex Indicator, but an overlay: Obvious trading rules are: go Long when the blue line is above other two go Short when the orange line is above other two stop when price crosses the basis line The tool is EXPERIMENTAL . Good luck!
This is combo strategies for get a cumulative signal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The strategy buys at market, if close price is higher than the previous close during 2 days and the meaning of 9-days Stochastic Slow...