Davin's 10/200MA Pullback on SPY Strategy v2.0Strategy:
Using 10 and 200 Simple moving averages, we capitalize on price pullbacks on a general uptrend to scalp 1 - 5% rebounds. 200 MA is used as a general indicator for bullish sentiment, 10 MA is used to identify pullbacks in the short term for buy entries.
An optional bonus: market crash of 20% from 52 days high is regarded as a buy the dip signal.
An optional bonus: can choose to exit on MA crossovers using 200 MA as reference MA (etc. Hard stop on 50 cross 200)
Recommended Ticker: SPY 1D (I have so far tested on SPY and other big indexes only, other stocks appear to be too volatile to use the same short period SMA parameters effectively) + AAPL 4H
How it works:
Buy condition is when:
- Price closes above 200 SMA
- Price closes below 10 SMA
- Price dumps at least 20% (additional bonus contrarian buy the dip option)
Entry is on the next opening market day the day after the buy condition candle was fulfilled.
Sell Condition is when:
- Prices closes below 10 SMA
- Hard stop at 15% drawdown from entry price (adjustable parameter)
- Hard stop at medium term and long term MA crossovers (adjustable parameters)
So far this strategy has been pretty effective for me, feel free to try it out and let me know in the comments how you found :)
Feel free to suggest new strategy ideas for discussion and indicator building
SELL
Moving Grid Trader - With AlertsThis script used a grid system that is set when a "buy" signal is sent to generate profits inside of a range. This script used macd to weed out bad buys and then sells once the price either reaches the grid - or hits the stoploss. This works best in bullish and ranging markets.
sohail Anjum EMA buy sellBased on Sohail anjum
Ema crossing teaching
Crossover alerts, only in trend 200 Ema (yellow line) make sure If the price is above the 200 EMA, you can prefer a long position and ignore short positions.
If the price is below the 200 EMA, you are allowed to open only short positions and avoid long positions.
Do not use this indicator alone, Use other recommended indicators by ShohailAnjum Rsi, Macd , chart pattren, etc
This indicator good win rate in 15m TF recommended 1H, 4H
Line Chart with circles on sub chart / LineChart no CandlesLine Chart with circles as a subchart. The circle will appear only after the candle has been confirmed.
Things you can change:
- Source: open, high, low, close, hl2, hlc3, ohlc4, hlcc4
- Color: change the color of the line and the circles
have fun with it!
Volume Buy/Sell (by iammaximov)Buy/Sell Volume
Buy/Sell volume based on total bar amplitude (high/low price) and close/open (for calculate vbuy > vsell or vbuy < vsell)
Tutporial Pedia (Signal buy & Sell)Untuk mempermudah kita dalam bermain dan memahami Signal Trade View Rate 98 %
BBSS - Bollinger Bands Scalping SignalsModified Bollinger Bands Indicator
Added:
- color change divergence (green) and narrowing (red) of the upper and lower bands
- color change of the moving average - upward trend (green) and downward trend (red)
- the appearance of a potential signal for long and short positions when the candle closes behind the upper or lower bands.
How to use the indicator:
Long conditions:
- the price breaks through the upper band
- Bollinger bands are expanding and should be green
- the mid-line is green
- the trigger candle should be green
Short conditions:
- the price breaks through the lower band
- Bollinger bands are expanding and should be red
- the mid-line is red
- the trigger candle should be red
Simple Buy and Sell SignalsThis is a Simple Indicator which shows buy and sell signals based on MACD and SSL channel.
It is not a Holy Grail Indicator. It shows a lot of false signals when the market is Consolidation Zone.
So don't use this indicator to place trades based on signals given by the indicator.
Use this as a confluence along with your technical analysis
On lower timeframes there are a lot of signals so to eliminate false signals , get a signal on higher timeframe and place a trade in the direction of the trend on lower timeframe.
Hope you'll find this helpful. Enjoy👍.
Intraday Buy/Sell using Gann Angles - RiTzIntraday Buy/Sell Levels using Gann Angles based on Todays Open/previous Day High/Low/Close prices
How to use this :
The Buy/Sell levels will be calculated on 1 of 4 things (you can choose any one which you prefer)
1. Todays Open price
2. Previous Day High
3. Previous Day Low
4. Previous Day Close
The Buy/Sell levels will be displayed in these ways
1. In a Table
2. on the Chart
You can turn them on/off according to your preference!
I can't seem to find the original documentation or a link to it.
i have it's excel file, in which we have to enter following data :
1. Todays Open price
2. Previous Day High
3. Previous Day Low
4. Previous Day Close
and the buy/sell levels are calculated by using the above data in following manner :
Based On Today's Opening Price
(lets call it TDO)
Degree's````````````````` Degree Factor```````````````````````` Buy````````````````````````` Sell
11.25```````````````````` =degree/180=11.25/180=0.0625````````` =(sqrt(TDO)-0.0625)^2``````` =(sqrt(TDO)+0.0625)^2````` SL
22.5````````````````````` =degree/180=22.5/180=0.125``````````` =(sqrt(TDO)+0.125)^2```````` =(sqrt(TDO)-0.125)^2`````` Buy/Sell At
45``````````````````````` =degree/180=45/180=0.25`````````````` =(sqrt(TDO)+0.25)^2````````` =(sqrt(TDO)-0.25)^2``````` Target-1
90``````````````````````` =degree/180=90/180=0.5``````````````` =(sqrt(TDO)+0.5)^2`````````` =(sqrt(TDO)-0.5)^2```````` Target-2
135`````````````````````` =degree/180=135/180=0.75````````````` =(sqrt(TDO)+0.75)^2````````` =(sqrt(TDO)-0.75)^2``````` Target-3
180`````````````````````` =degree/180=180/180=1```````````````` =(sqrt(TDO)+1)^2```````````` =(sqrt(TDO)-1)^2`````````` Target-4
225`````````````````````` =degree/180=225/180=1.25````````````` =(sqrt(TDO)+1.25)^2````````` =(sqrt(TDO)-1.25)^2``````` Target-5
270`````````````````````` =degree/180=270/180=1.5`````````````` =(sqrt(TDO)+1.5)^2`````````` =(sqrt(TDO)-1.5)^2```````` Target-6
315`````````````````````` =degree/180=315/180=1.75````````````` =(sqrt(TDO)+1.75)^2````````` =(sqrt(TDO)-1.75)^2``````` Target-7
360`````````````````````` =degree/180=360/180=2```````````````` =(sqrt(TDO)+2)^2```````````` =(sqrt(TDO)-2)^2`````````` Target-8
sqrt = square root
TDO = Today's Opening Price
PDH = Previous Days High
PDL = Previous Days Low
PDC = Previous Days Close
Based On Previous Days High Price
(lets call it PDH)
Degree's````````````````` Degree Factor```````````````````````` Buy````````````````````````` Sell
11.25```````````````````` =degree/180=11.25/180=0.0625````````` =(sqrt(PDH)-0.0625)^2``````` =(sqrt(PDH)+0.0625)^2````` SL
22.5````````````````````` =degree/180=22.5/180=0.125``````````` =(sqrt(PDH)+0.125)^2```````` =(sqrt(PDH)-0.125)^2`````` Buy/Sell At
45``````````````````````` =degree/180=45/180=0.25`````````````` =(sqrt(PDH)+0.25)^2````````` =(sqrt(PDH)-0.25)^2``````` Target-1
90``````````````````````` =degree/180=90/180=0.5``````````````` =(sqrt(PDH)+0.5)^2`````````` =(sqrt(PDH)-0.5)^2```````` Target-2
135`````````````````````` =degree/180=135/180=0.75````````````` =(sqrt(PDH)+0.75)^2````````` =(sqrt(PDH)-0.75)^2``````` Target-3
180`````````````````````` =degree/180=180/180=1```````````````` =(sqrt(PDH)+1)^2```````````` =(sqrt(PDH)-1)^2`````````` Target-4
225`````````````````````` =degree/180=225/180=1.25````````````` =(sqrt(PDH)+1.25)^2````````` =(sqrt(PDH)-1.25)^2``````` Target-5
270`````````````````````` =degree/180=270/180=1.5`````````````` =(sqrt(PDH)+1.5)^2`````````` =(sqrt(PDH)-1.5)^2```````` Target-6
315`````````````````````` =degree/180=315/180=1.75````````````` =(sqrt(PDH)+1.75)^2````````` =(sqrt(PDH)-1.75)^2``````` Target-7
360`````````````````````` =degree/180=360/180=2```````````````` =(sqrt(PDH)+2)^2```````````` =(sqrt(PDH)-2)^2`````````` Target-8
Based On Previous Days Low Price
(lets call it PDL)
Degree's````````````````` Degree Factor```````````````````````` Buy````````````````````````` Sell
11.25```````````````````` =degree/180=11.25/180=0.0625````````` =(sqrt(PDL)-0.0625)^2``````` =(sqrt(PDL)+0.0625)^2````` SL
22.5````````````````````` =degree/180=22.5/180=0.125``````````` =(sqrt(PDL)+0.125)^2```````` =(sqrt(PDL)-0.125)^2`````` Buy/Sell At
45``````````````````````` =degree/180=45/180=0.25`````````````` =(sqrt(PDL)+0.25)^2````````` =(sqrt(PDL)-0.25)^2``````` Target-1
90``````````````````````` =degree/180=90/180=0.5``````````````` =(sqrt(PDL)+0.5)^2`````````` =(sqrt(PDL)-0.5)^2```````` Target-2
135`````````````````````` =degree/180=135/180=0.75````````````` =(sqrt(PDL)+0.75)^2````````` =(sqrt(PDL)-0.75)^2``````` Target-3
180`````````````````````` =degree/180=180/180=1```````````````` =(sqrt(PDL)+1)^2```````````` =(sqrt(PDL)-1)^2`````````` Target-4
225`````````````````````` =degree/180=225/180=1.25````````````` =(sqrt(PDL)+1.25)^2````````` =(sqrt(PDL)-1.25)^2``````` Target-5
270`````````````````````` =degree/180=270/180=1.5`````````````` =(sqrt(PDL)+1.5)^2`````````` =(sqrt(PDL)-1.5)^2```````` Target-6
315`````````````````````` =degree/180=315/180=1.75````````````` =(sqrt(PDL)+1.75)^2````````` =(sqrt(PDL)-1.75)^2``````` Target-7
360`````````````````````` =degree/180=360/180=2```````````````` =(sqrt(PDL)+2)^2```````````` =(sqrt(PDL)-2)^2`````````` Target-8
Based On Previous Days Close Price
(lets call it PDC)
Degree's````````````````` Degree Factor```````````````````````` Buy````````````````````````` Sell
11.25```````````````````` =degree/180=11.25/180=0.0625````````` =(sqrt(PDC)-0.0625)^2``````` =(sqrt(PDC)+0.0625)^2````` SL
22.5````````````````````` =degree/180=22.5/180=0.125``````````` =(sqrt(PDC)+0.125)^2```````` =(sqrt(PDC)-0.125)^2`````` Buy/Sell At
45``````````````````````` =degree/180=45/180=0.25`````````````` =(sqrt(PDC)+0.25)^2````````` =(sqrt(PDC)-0.25)^2``````` Target-1
90``````````````````````` =degree/180=90/180=0.5``````````````` =(sqrt(PDC)+0.5)^2`````````` =(sqrt(PDC)-0.5)^2```````` Target-2
135`````````````````````` =degree/180=135/180=0.75````````````` =(sqrt(PDC)+0.75)^2````````` =(sqrt(PDC)-0.75)^2``````` Target-3
180`````````````````````` =degree/180=180/180=1```````````````` =(sqrt(PDC)+1)^2```````````` =(sqrt(PDC)-1)^2`````````` Target-4
225`````````````````````` =degree/180=225/180=1.25````````````` =(sqrt(PDC)+1.25)^2````````` =(sqrt(PDC)-1.25)^2``````` Target-5
270`````````````````````` =degree/180=270/180=1.5`````````````` =(sqrt(PDC)+1.5)^2`````````` =(sqrt(PDC)-1.5)^2```````` Target-6
315`````````````````````` =degree/180=315/180=1.75````````````` =(sqrt(PDC)+1.75)^2````````` =(sqrt(PDC)-1.75)^2``````` Target-7
360`````````````````````` =degree/180=360/180=2```````````````` =(sqrt(PDC)+2)^2```````````` =(sqrt(PDC)-2)^2`````````` Target-8
example based On Today's Opening Price = 4339
Degree's```````` Degree Factor```````` Buy`````````` Sell
11.25``````````` 0.0625``````````````` 4330.77`````` 4347.24```````` SL
22.5```````````` 0.125```````````````` 4355.48`````` 4322.55```````` Buy/Sell At
45`````````````` 0.25````````````````` 4372.00`````` 4306.13```````` Target-1
90`````````````` 0.5`````````````````` 4405.12`````` 4273.38```````` Target-2
135````````````` 0.75````````````````` 4438.37`````` 4240.76```````` Target-3
180````````````` 1```````````````````` 4471.74`````` 4208.26```````` Target-4
225````````````` 1.25````````````````` 4505.24`````` 4175.88```````` Target-5
270````````````` 1.5`````````````````` 4538.86`````` 4143.64```````` Target-6
315````````````` 1.75````````````````` 4572.61`````` 4111.51```````` Target-7
360````````````` 2```````````````````` 4606.48`````` 4079.52```````` Target-8
Note : ignore the '`' , inserted them to fill up the spaces , it was looking very weird!, tried to fix it as much as I can.
Note :- Please correct me if I'm wrong , as I've already mentioned I don't have it's original documentation.
if anyone can find it or already has it then please feel free to share it.
Refracted EMARefracted EMA is a price based indicator with bands that is built on moving average.
The price range between the bands directly depends on relationship of Average True Range to Moving Average. This gives us very valuable variable constant that changes with the market moves.
So the bands expand and contract due to changes in volatility of the market, which makes this tool very flexible exposing psychological levels.
MACD + RSI with Trade SignalsThis indicator by default comes with the MACD shown but can be switched to show the RSI instead. Settings for each indicator can also be customized as well as Buy/Sell signals given based on pull back crossovers that follow the 200 EMA of the price Chart. There's an above/below middle fill option you can use but I tend not to but I know some traders like to see when an oscillator is above/below the middle and use it as a trend diretion. By the way, the fourth setting for the MACD (which is 2 by default) is the size of the histogram.
Buy Signal = Price is above the 200 EMA. Current or previous MACD or RSI line is/was below middle line and now crossed above the signal line.
Sell Signal = Price is below the 200 EMA. Current or previous MACD or RSI line is/was above middle line and now crossed below the signal line.
There are alerts for each signal as well (MACD and RSI, both buy and sell).
Feel free to leave a comment regarding issues or suggestions for this indicator or ideas for the next one I should do :)
SST-V2this scrips is combination of Moving average that you can alter with buy and Sell signal.
it is easy to use. u can go with the trend as of the bar color turn to blue it is indcate tha ur in bullish trend
and with turn to red it indicate that your in down trend.
Use Ema 200 for trend confluences
hope you like it.
thank's
Sadflute
MPF EMA Cross Strategy (8~13~21) by Market Pip FactoryThis script is for a complete strategy to win maximum profit on trades whilst keeping losses at a minimum, using sound risk management at no greater than 1.5%
The 3x EMA Strategy uses the following parameters for trade activation and closure.
1/ Daily Time Frame for trend confirmation
2/ 4 Hourly Time Frame for trend confirmation
3/ 1 Hourly Time Frame for trend confirmation AND trade execution
4/ 3x EMAs (Exponential Moving Averages)
* EMA#1 = 8 EMA (Red Color)
* EMA#2 = 13 EMA (Blue Color)
* EMA#3 = 21 EMA (Orange Color)
5/ Fanning of all 3x EMAs and CrossOver/CrossUnder for Trend Confirmation
6/ Price Action touching an 8 EMA for trade activation
7/ Price Action touching a 21 EMA for trade cancellation BEFORE activation
* For LONG trades: 8 EMA would be ABOVE 21 EMA
* For SHORT trades: 8 EMA would be BELOW 21 EMA
* For trade Cancellation, price action would touch the 21 EMA before trade is activated
* For trade Entry, price action would touch 8 EMA
Once trigger parameter is identified, entry is found by:
a) Price action touches 8 EMA (Candle must Close for confirmed Trade preparation)
b) Trade preparation can be cancelled before trade is activated if price action touches 21 EMA
c) Trailing Stop Loss can be used (optional) by counting back 5 candles from current candle
CLOSURE of a Trade is identified by:
e) 8 EMA crossing the 21 EMA, then close trade, no matter LONG or SHORT
f) Trail Stop Loss
IMPORTANT:
g) No more than ONE activated trade per EMA crossover
h) No more than ONE active trade per pair
NOTE: This strategy is to be used in conjunction with Cipher Twister (my other indicator) to reduce trades on
sideways price action and market trends for super high win ratio.
NOTE: Enabling of LONGs and SHORTs Via Cipher Twister is done by using the previous
green or red dot made. Additionally, when the trend changes, so do the dot's validity based
on being above or below the 0 centerline.
----------------------------
Strategy and Bot Logic
----------------------------
.....::: FOR SHORT TRADES ONLY :::.....
The Robot must use the following logic to enable and activate the SHORT trades:
Parameters:
$(crossunder)=8EMA,21EMA=Bearish $(crossover)=8EMA,21EMA=Bullish $entry=SELL STOP ORDER (Short)
$EMA#1 = 8 EMA (Red Color) $EMA#2 = 13 EMA (Blue Color) $EMA#3 = 21 EMA (Orange Color)
Strategy Logic:
1/ Check Daily Time Frame for trend confirmation if:
(look back up to 50 candles - find last cross of EMAs)
$(chart)=daily and trend=$(crossunder) then goto 2/ *Means: crossunder = ema21 > ema8
$(chart)=daily and trend=$(crossover) then stop (No trades) *Means: crossover = ema8 > ema21
NOTE: This function is switchable. 0=off and 1=on(active). Default = 1 (on)
2/ Check 4 Hourly Time Frame for trend confirmation if:
(look back up to 50 candles - find last cross of EMAs)
$(chart)=4H and trend=$(crossunder) then goto 3/ *Means: crossunder = ema21 > ema8
$(chart)=4H and trend=$(crossover) then stop (No trades) *Means: crossover = ema8 > ema21
NOTE: This function is switchable. 0=off and 1=on(active). Default = 1 (on)
3/ 1 Hourly Time Frame for trend confirmation AND trade execution if:
(look back up to 50 candles - find last cross of EMAs)
$(chart)=1H and trend=$(crossunder) then goto 4/ *Means: crossunder = ema21 > ema8
$(chart)=1H and trend=$(crossover) then stop (No trades) *Means: crossover = ema8 > ema21
4/ Trade preparation:
* if Next (subsequent) candle touches 8EMA, then set STOP LOSS and ENTRY
* $stoploss=3 pips ABOVE current candle HIGH
* $entry=3 pips BELOW current candle LOW
5/ Trade waiting (ONLY BEFORE entry is hit and trade activated):
* if price action touches 21 EMA then cancel trade and goto 1/
Note: Once trade is active this function does not apply !
6/ Trade Activation:
* if price activates/hits ENTRY price, then bot activates trade SHORTs market
7/ Optional Trailing stop:
* if active, then trailing stop 3 pips ABOVE previous HIGH of previous 5th candle
or * Move Stop Loss to Break Even after $X number of pips
NOTE: This means count back and apply accordingly to the 5th previous candle from current candle.
NOTE: This function is switchable. 0=off and 1=on(active). Default = 0 (off)
8/ Trade Close ~ Take Profit:
* Only TP when
$(chart)=1H and trend=$(crossover) then close trade ~ Or obviously if Stop Loss is hit if 7/ is activated.
----------END FOR SHORT TRADES LOGIC----------
.....::: FOR LONG TRADES ONLY :::.....
The Robot must use the following logic to enable and activate the LONG trades:
Parameters:
$(crossunder)=8EMA,21EMA=Bearish $(crossover)=8EMA,21EMA=Bullish $entry=BUY STOP ORDER (Long)
$EMA#1 = 8 EMA (Red Color) $EMA#2 = 13 EMA (Blue Color) $EMA#3 = 21 EMA (Orange Color)
Strategy Logic:
1/ Check Daily Time Frame for trend confirmation if:
(look back up to 50 candles - find last cross of EMAs)
$(chart)=daily and trend=$(crossover) then goto 2/ *Means: crossover = ema8 > ema21
$(chart)=daily and trend=$(crossunder) then stop (No trades) *Means: crossunder = ema21 > ema8
NOTE: This function is switchable. 0=off and 1=on(active). Default = 1 (on)
2/ Check 4 Hourly Time Frame for trend confirmation if:
(look back up to 50 candles - find last cross of EMAs)
$(chart)=4H and trend=$(crossover) then goto 3/ *Means: crossover = ema8 > ema21
$(chart)=4H and trend=$(crossunder) then stop (No trades) *Means: crossunder = ema21 > ema8
NOTE: This function is switchable. 0=off and 1=on(active). Default = 1 (on)
3/ 1 Hourly Time Frame for trend confirmation AND trade execution if:
(look back up to 50 candles - find last cross of EMAs)
$(chart)=1H and trend=$(crossover) then goto 4/ *Means: crossover = ema8 > ema21
$(chart)=1H and trend=$(crossunder) then stop (No trades) *Means: crossunder = ema21 > ema8
4/ Trade preparation:
* if Next (subsequent) candle touches 8EMA, then set STOP LOSS and ENTRY
* $stoploss=3 pips BELOW current candle LOW
* $entry=3 pips ABOVE current candle HIGH
5/ Trade waiting (ONLY BEFORE entry is hit and trade activated):
* if price action touches 21 EMA then cancel trade and goto 1/
Note: Once trade is active this function does not apply !
6/ Trade Activation:
* if price activates/hits ENTRY price, then bot activates trade LONGs market
7/ Optional Trailing stop:
* if active, then trailing stop 3 pips BELOW previous LOW of previous 5th candle
or * Move Stop Loss to Break Even after $X number of pips
NOTE: This means count back and apply accordingly to the 5th previous candle from current candle.
NOTE: This function is switchable. 0=off and 1=on(active). Default = 0 (off)
8/ Trade Close ~ Take Profit:
* Only TP when
$(chart)=1H and trend=$(crossunder) then close trade ~ Or obviously if Stop Loss is hit if 7/ is activated.
----------END FOR LONG TRADES LOGIC----------
IMPORTANT:
* If an existing trade is already open for that same pair, & price action touches 8EMA, do NOT open a new trade..
* bot must continuously check if a trade is currently open on the pair that triggers
* New trades are to be only opened if there is no active trade opened on current pair.
* Only 1 trade per pair rule !
* 5 simultaneous open trades (not same pairs) default = 5 but value can be changed accordingly.
* Maximum risk management must not exceed 1.5% on lot size
*** Some features are not yet available autoated, they will be added in due course in subsequent version updates ***
MM SIGMA STC+ADXThe Schaff Trend Cycle (STC) is a charting indicator that is commonly used to identify market trends and provide buy and sell signals to traders. Developed in 1999 by noted currency trader Doug Schaff, STC is a type of oscillator and is based on the assumption that, regardless of time frame, currency trends accelerate and decelerate in cyclical patterns.12
How STC Works
Many traders are familiar with the moving average convergence/divergence (MACD) charting tool, which is an indicator that is used to forecast price action and is notorious for lagging due to its slow responsive signal line . By contrast, STC’s signal line enables it to detect trends sooner. In fact, it typically identifies up and downtrends long before MACD indicator.
While STC is computed using the same exponential moving averages as MACD, it adds a novel cycle component to improve accuracy and reliability. While MACD is simply computed using a series of moving average, the cycle aspect of STC is based on time (e.g., number of days).
It should also be noted that, although STC was developed primarily for fast currency markets, it may be effectively employed across all markets, just like MACD. It can be applied to intraday charts, such as five minutes or one-hour charts, as well as daily, weekly, or monthly time frames.
Introduction to ADX
ADX is used to quantify trend strength. ADX calculations are based on a moving average of price range expansion over a given period of time. The default setting is 14 bars, although other time periods can be used.1 ADX can be used on any trading vehicle such as stocks, mutual funds, exchange-traded funds and futures.
ADX is plotted as a single line with values ranging from a low of zero to a high of 100. ADX is non-directional; it registers trend strength whether price is trending up or down.2 The indicator is usually plotted in the same window as the two directional movement indicator (DMI) lines, from which ADX is derived (shown below).Quantifying Trend Strength
ADX values help traders identify the strongest and most profitable trends to trade. The values are also important for distinguishing between trending and non-trending conditions. Many traders will use ADX readings above 25 to suggest that the trend is strong enough for trend-trading strategies. Conversely, when ADX is below 25, many will avoid trend-trading strategies.
ADX Value Trend Strength
0-25 Absent or Weak Trend
25-50 Strong Trend
50-75 Very Strong Trend
75-100 Extremely Strong Trend
Low ADX is usually a sign of accumulation or distribution. When ADX is below 25 for more than 30 bars, price enters range conditions, and price patterns are often easier to identify. Price then moves up and down between resistance and support to find selling and buying interest, respectively. From low ADX conditions, price will eventually break out into a trend. Below, the price moves from a low ADX price channel to an uptrend with strong ADX.
Added Buy/Sell alerts
ADX filters based on the threshold you put in the settings.
great for trend and trade confirmation
No-lose trading targets (Based on MFI) By Mustafa ÖZVERThis code shows expected reaction target prices after sudden moving based on MFI . Red area means the price is on overbought area, green area means the price is on oversold area. If you see red area under price, you can make short option to next to the horizontal beginning price of red area. If you see green area over price, you can make long option to next to the horizontal beginning price of green area.
When this code works
- The green area starts where mfi value is on oversold
- The red area starts where mfi value is on overbought
Of course, this code may be failed, do not forget the target may never come. But hopefully price will cross over the target.
And you (as developers) can develop this code by using anything instead of mfi to get up-down target prices.
But only this values can not guarantee good results for trading. BE CAREFUL
Cipher Twister - Long and ShortINTRO / NOTES:
This script is based on Market Cipher B Oscillator by Falcon
The difference in this script is that only the useful points are printed on the indicator, namely Long and Short Trade Execution signals to be used by a bot, namely the PT Bot.
The script also differs from the original that it has been upgraded to Pinescript v4
This oscillator can be used with ALL time frames, but generally works the best on 15 minute and 1 hour charts on ANY market, no matter, stock, forex, crypto, spot, futures, derivatives, Nasdaq etc...
DEFINITIONS:
This oscillator forms the foundation of Buy and Exit of Long and Short Trades.
There are 2 'Red' Lines at the top of the channel and 2 Green Lines at the bottom of the channel.
These two channels are set at default to be +53 / -53 and +60 / -60 respectively. These two lines will serve as the threshold point if one is to make cautious trades only.
There is a center line which divides the Oscillator into two parts. Above the center line, the market is in over bought territory and Below the center line is in over sold territory.
'Red' dots are drawn by the indicator to represent a potential Short (or a signal to exit from a Long position)
'Green' dots are drawn by the indicator to represent a potential Long (or a signal to exit from a Short position)
The 'Red' and 'Green' dots are draw when a Cross between both wt1 & wt2 cross, thus providing a fantastic indication of potential trend reversal and entry/exit of a position.
STRATEGY NOTES:
The strategy to use this indicator with for realistic and proper results would be to use it with an automated Trading Bot such as Profit Trailer (PT-BOT)
You could use this strategy manually, however it would mean you would need to sit in front of the screen all day and night long and activate the trades immediately after the 'red'/'green' dots are drawn. Usually this will result in non-optimal entries and exits as well as loss on various instances when a 'red' and 'green' dot are printed close together (which is usually when the market goes into correction/consolidation) and slow entries/exits will result in a loss rather than a small profit or exit at BE (Break Even)
ACTUAL STRATEGY (For use with automated bot)
To be used in conjunction with Heikin Ashi Candles for added cautionary measures
For LONGs ONLY
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1/ When 'Green' dot is drawn, ACTIVATE Long Position
(Use 1.5% Risk Management for each trade)
(Use Lot size based on 1.5% risk management and xLeverage (if any))
2/ Make sure bot Opens an SL (Stop Loss) value based on 1.5% Risk Management
3/ When 'Red' dot is drawn, CLOSE Long Position.
*If you want to add extra caution to your trade, only activate the trade if the 'Green' dot is BELOW the 'Green' Markers
*For added caution, use color coded Heikin Ashi candles to 'confirm' Activation and Closing of a trade in the bot configuration
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For SHORTs ONLY
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1/ When 'Red' dot is drawn, ACTIVATE Short Position
(Use 1.5% Risk Management for each trade)
(Use Lot size based on 1.5% risk management and xLeverage (if any))
2/ Make sure bot Opens an SL (Stop Loss) value based on 1.5% Risk Management
3/ When 'Green' dot is drawn, CLOSE Short Position
*If you want to add extra caution to your trade, only activate the trade if the 'Red' dot is Above the Red Markers
*For added caution, use color coded Heikin Ashi candles to 'confirm' Activation and Closing of a trade in the bot configuration
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Supplementary Notes:
Make sure that your bot configuration will only activate ONE TRADE when the 'Green'/'Red' dot appears.
Occasionally during high volatility , 'red'/'green' dots will appear intermittently before remaining drawn, thus the oscillator 'redraws' the dots during market movement.
There will be times where occasionally a 'green' dot or a 'red' dot will appear, the trade will be opened, but the trade will fail due to the market manipulation (algorithm/market maker bots/fake volume etc), to wipe out those trading on derivatives and futures markets using leverage. Do not worry about this, no bot can make 100% wins, no strategy will achieve 100% win ratio and one necessarily doesn't need a high win ratio when using strict money management practices with your trading for SL and lot size.
If you use this method, you will see great results, but again I must stress, using this method with a fully automated bot is the only way to achieve proper results.
Trend IdentifierTrend Identifier for 1D BTC.USD
It smoothens a closely following moving average into a polynomial like plot.
And assumes 4 stage cycles based on the first and second derivatives.
Green: Bull / Exponential Rise
Yellow: Distribution
Red: Bear / Exponential Drop
Blue: Accumulation
Red --> Blue --> Green: indicates the start of a bull market
Green --> Yellow --> Red: indicates the start of a bear market
Green --> Yellow: Start of a distribution phase, take profits
Red --> Blue: Start of a accumulation phase, DCA
ENVELOPE RSI - Buy Sell SignalsThis indicator is mainly based on Overbought and Oversold . Indicator for short-term trading. This way you can get small but acceptable signals.
The main basis of the indicator is as follows:
To buy, the indicator is waiting for the instrument to be oversold from the RSI point of view. Then, if the chart crosses the bottom line of the Envelope indicator from the bottom to the top, a buy signal is issued.
For sell, the indicator waits for the instrument to be overbought from the RSI perspective. Then, if the chart crosses the top line of the Envelope indicator from top to bottom, a sell signal is issued.
The general basis is the consonance of the price and the RSI indicator .
The best settings I came up with myself:
Time frame: 15 minutes
Overbought: 80
Oversell: 25
RSI Length: 8
It can be done on different instruments. But always set your profit and loss limits.
(Profit to loss ratio in this indicator can be 1: 1.)
Disclaimer : This information and trading indicators and tools provided neither is, nor should be construed, as an offer, or a solicitation of an offer, to buy or sell securities. You shall be fully responsible for any investment decision you make, and such decisions will be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance, and liquidity needs.
I am not liable for any profit, financial improvement, losses or damages, monetary or other that may result from the application of information contained within this indicator. Individual traders must use their own due diligence in analyzing featured trading indicators, other trading tools, webinars and other educational materials to determine if they represent suitable and useable features and capabilities for the individual trader.
Super Scalper - 5 Min 15 MinThis strategy is based on RSI and ATR Bands which works better in 5 and 15 Mins time frame.
Perform enough back testing with 1:2R before using in real time.
Entry only on trade on screen symbols, use additional buy/sell alerts to book profit or to trail SL.
I have also added Golden Cross Over of 65 and 21 EMA to have confirmation on trend.
Triple MA Buy SellThis simple script show potentiel trade entry points using 3 MA, can be switch by EMA and SMA type.
Adjust the MA(s) Length depending pairs and timeframe you use.
Buy & Sell labels can be display by input settings.
Action are take by the following rule:
Long signal:
MA3 > MA2 > MA1
Short signal:
MA1> MA2 > MA3
Add some filters is really needed to make this usable.
using my "Flat Detect By Bollinger Bands" indicator can be a debut
Buy / Sell indicator light version [Crypto_BCT]The indicator is based on the search for the lowest bars in a given period (can be customized).
You can add a search for the highest bars to determine the closed order points.
You can add a filter by the value of the RSI (you can customized it separately for buying and selling).
Alerts for buying and selling are set.
It can be used to work with bots, for example 3COMMAS DCA bot.
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Signal Condition Settings:
(Buy) Lowest Bar
The closing of the current bar is lower than the closing of the bars back in this range
(Buy) RSI value <
The RSI index is below this value
(Sell) Highest Bar
The closing of the current bar is higher than the closing of bars in this range
(Sell) RSI value >
The RSI index is higher than this value
BTC 1D Safety tradeImportant: use only the BTC/USD pair on the 1D timeframe
The indicator is designed to determine the zones for entry to buy or sell, as well as for closing deals.
The indicator is based on a moving average with a period of 12.
The parameters are not changeable, since the optimal settings (Safety trade) were used for the BTC/USD pair on the 1D timeframe.
The code is open, please change it according to your parameters.
Upper zones for closing long or opening short.
Lower zones for opening long or closing short.