Here is strategy that I wrote base on the EMAs (50, 100, 200). I am backtesting it. Tell me do you think about it
Candlesticks of trend reversal Finding an uptrend There are many ways. This method uses conditions to consider the closing price of the current bar to see if it can brake the closing price of the previous bar or not. If it can be braked, there is a chance that it will be an uptrend.
The Inside Bar Pattern (Break Out or Reversal Pattern) An “inside bar” pattern is a two-bar price action trading strategy in which the inside bar is smaller and within the high to low range of the prior bar, i.e. the high is lower than the previous bar’s high, and the low is higher than the previous bar’s low. Its relative position can be at the top, the middle...
This let's you see the return between candles. You can choose any two candles and it let's you calculate returns between those two candles
This indicator is a powerful tool for quickly and concisely determining market trends across multiple time frames. Specifically, it covers a variety of timeframes: daily, 4-hour, hourly, 30-minute, 15-minute, 5-minute, and 1-minute, making it easier for investors and traders to understand broader market trends. Trend directions are displayed in a very intuitive...
This indicator is a powerful tool for quickly and concisely determining market trends across multiple time frames. Specifically, it covers a variety of timeframes: daily, 4-hour, hourly, 30-minute, 15-minute, 5-minute, and 1-minute, making it easier for investors and traders to understand broader market trends. Trend directions are displayed in a very intuitive...
5 EMA ALERT- This indicator helps in trigger alert when a candle in time frame set closes below or above 5EMA when EMA value is not crossed
Automatically generates psychology levels, supply and demand zones and candlestick pattern
Library "OrderBlockRefiner_test" OBRefiner(OBType, OBRefine, RefineMethod, TriggerCondition, Index) Parameters: OBType (string) OBRefine (string) RefineMethod (string) TriggerCondition (bool) Index (int)
Sure, here's a description for your 5-minute trading scalping strategy on XAUUSD (Gold) based on the RSI (Relative Strength Index) indicator: --- **Strategy Name:** RSI Scalping on XAUUSD **Timeframe:** 5-minute chart **Indicators:** - RSI (Relative Strength Index) set to a period of 14. **Strategy Overview:** This strategy is designed for quick, short-term...
RSI colored with dispersion. This calculates a simple RSI but colored with a twist: It calculates a "dispersion" as a percent (default 10%) of a Bollinger Band calculated over RSI (more precisely, BB is the standard deviation between the exponential moving average and the current RSI). If RSI is in the dispersion zone, then we consider it is inconclusive,...
This Pine Script code implements a basic moving average crossover strategy in TradingView. The strategy revolves around two key moving averages: a shorter-term moving average and a longer-term moving average. When the shorter-term moving average crosses above the longer-term moving average, it generates a buy signal (indicated by a green "B" label), suggesting a...
The "VIND+" is an advanced trading indicator designed for TradingView users who demand comprehensive volume analysis paired with precise price action signals to enhance trading decisions. This indicator is tailored to deliver high-precision tools for diverse trading strategies across various markets. Key Features: Versatile Volume Calculations: Choose from...
This Pine Script implements the Sentiment Calculated Oscillator (SCO), designed to analyze market sentiment and identify potential trading opportunities without specifying specific moving average (MA) numbers. The script starts by defining input parameters for various calculations. It then calculates the High-Low-Close average (HLC2) and the Seatrips Oscillator...
I produced a strategy using short term ema intersections. A short-term low capital buy signal creates a yellow background after the red background color. Here, profit should be taken by following the trend. When the green background is formed, positions can be increased, the price will lead us to a safer market. Exposures can be turned off in the formation of a...
The "Multi Timeframe RSI Buy/Sell Strategy" is a trading strategy that utilizes Relative Strength Index (RSI) indicators from multiple timeframes to provide buy and sell signals. This strategy allows for extensive customization, supporting up to three distinct RSIs, each configurable with its own timeframe, length, and data source. HOW DOES IT WORK This...
The Power Indicator is intended to return some exponential moving average, vwap, volume bar, and others. With this compilation, you will be able to use them as one indicator in Trading View. The components are: - EMA5 - Exponential Moving Average of 5 days - EMA13 - Exponential Moving Average of 13 days - EMA26 - Exponential Moving Average of 26 days - EMA50 -...
The main functions of this strategy are as follows: Detect the pin that crosses downwards. When the physical part of the k-line is smaller than the pin part, enter the market at the opening price of the next k-line and go long. Set the stop-profit and stop-loss freely. Only open one order at a time. If you have a position , no duplicate orders will be issued By...