Script for automatic trading (Alerts). This is the second part of the previous RePanoCHa script but with Take Profit.
It Use 6 indicators + volume:
-JURIK MOVING AVERAGE
-RANGE FILTER (DONOVAN WALL)
-ADX (ORIGINAL VERSION)
-RSI + VOLUME WEIGHTED (LAZYBEAR)
To close the position you can choose between Take Profit only, Trailing Stop...
Alright - so this is my own version of John Carter's "10x Bars"... I have done multiple things that are different from his version so they are slightly different..
So first of all the main indicator is based off of the ADX and the DMI;
For those who aren't familiar with it, Directional Movement is what you'd pull up under "built-in's" from the indicators tab (if...
3 Lines are Stochastic RSI's, strongest move is when all crosses and moves to one direction (from top or bottom).
Orange is original Stochastic of the timeline. (Live movement of price).
Green is original Stoch x 6. (Short term movement).
Red is original Stoch x27 (Long term price movement).
Transparent columns are ADX signal.
Higher the mountain,...
Green Line = DM+
Red Line = DM-
Black Line = ADX
White Line = ADX Entry (if ADX is below this line indicates trend is weakness)
The indicator shows de DM- and DM+ cross, If the DM+ is above the DI- is in an uptrend (green background). Conversely, if the DM- is above the DI+ is in a downtrend (red background)
I recommend using it together with some other...
The Directional system is a trend-following method developed by J. Welles Wilder,
in the mid-1970s. It identifies trends and shows
when a trend is moving fast enough to make it worth following. It helps traders to
profit by taking chunks out of the middle of important trends.
1. Trade only from the long side when the positive Directional line is...
Fill indicates Strong Trend
Cross indicates End of Trend
El relleno indica una fuerte tendencia cuando el Di supera "Level Trend"
El cruce de Di+ con Di- indica el fin de la tendencia
Cuando el valor del ADX es menor a "Level Range", estamos en Rango
It's a remake of the previous script but for use in reverse positions at the same time.
In this script the reality could be even better than the Backtest, because, only close the position with profit, so profitability should be 100%, and Longs and Shorts don't mix because they are independent.
In real trade, you need an exchange that allows you to go in reverse...
Script for automatic trading with Alerts.
LG --> Long (green: not confirmed) (lime: confirmed)
ST --> Short (maroon: not confirmed) (red: confirmed)
TS --> Trailing Stop
xL --> Close Long Position
xS --> Close Short Position
SL --> Stop Loss
The trailing stop closes the trade if the price changes direction by a specified percentage or offset. There is no...
Let's try the Version 4 ...
This script is only for long positions.
It's based on the conjunction of RMI + ADX + RSI for entries and only with Take Profit to close the position.
It doesn't have security (), nor Heikin Ashi, so the Backtest is Real.
Use always 'Once per bar'.
It doesn't repaint absolutely nothing at all.
Timeframe: 15 minutes
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