This is a indicator I built on the basis of RSI and price action. It is the Cappuccino-Indicator. It calculates back the estimated price based on RSI with some optional filters and gives signals for buy and sell. it works as follows: - the current RSI value is calculated back to a estiamated market price - shoutout to some developers who made some functions...
Drum Roll! Major announcement here for the release of the backtesting script! This script is the backtesting version of AltSignals Alt-Trader Scalp & Swing indicator This indicator has all the same features but now you can see previous results Things to note Make sure the correct take profit % are selected and add up to 100 Make sure you select the correct...
//Note:// This is an experimental indicator that may provide you with useful information or it may not depending on how you use it and more information can be found below! NVME Candle Creator indicator is an experimental indicator that allows you as the user to build your own candlestick system within a click of a button. The indicator uses data from 5 different...
I always use ATR to set up SL. So I changed ATR Labels to calculate risk dollars based on curency pairs. I can not update old ATR Labels title. So I publish this new script. This pip value calculation is based on USD currency.
Just need to see ATR values when I made Renko script. So I make this script. I like number 5 so I use 5 to timeframe. Calculate ATR for the following: - Monthly - Weekly - Daily - 5-Hour - 1-Hour - 12-Min Label default displayed on right side and middle of 50 bars.
Script to use for position sizing based on portfolio size, max position, and max loss inputs. The option to use custom entry and stop are available, but default to last price for entry, and Low of Day (LoD) for stop. The ATR % is a measure of the low of day to current price as a percentage move. Credit to LonesomeTheBlue for the base code on position sizing and...
EN // MATR 4H Strategy - UpTradin Use 1: This script is effective for all assets. Find out how to get the best performance. This indicator offers several possibilities: - Only in TimeFrame 4H. - The gray curve shows you the trend. You should not trade against it. - Once the trend is established you can buy or sell according to the Buy and Sell sign. - When the...
This ORB with TSL Indicator Session Time is Indian NSE and BSE Equity Market This indicator Provide you 2 type Setup Opening Range Plot Only for Observation 1st Range Breakout = Long 2nd Range Breakout = Short How to work This Indicator? When Market is Open This Indicator automatically Plot Opening Range High and Low, if Market bullish & Candle Close above...
The Dynamic Support And Resistance Indicator was created by Mike Siroky (Stocks and Commodities pgs 14-18) and this is a handy indicator that will show you useful support and resistance levels no matter how the stock is doing right now. I have color coded the middle line to show buy and sell signals so buy when the line turns green and sell when it turns red. Let...
What Are Fibonacci Retracement Levels? Fibonacci retracement levels are horizontal lines that indicate where support and resistance are likely to occur. They are based on Fibonacci numbers. Each level is associated with a percentage. The percentage is how much of a prior move the price has retraced. The Fibonacci retracement levels are 23.6%, 38.2%, 61.8%, and...
This is a triple SuperTrend based strategy for lower time frame trades such as day trades and scalping. I have not seen many strategies that combine multiple SuperTrends so I thought I would publish this one since I put it together and have been quite happy with the results. I have found through testing that the best results are on currency exchange markets such...
This indicator is for calculating the volatility of any interval mTR (green line): TR is extended to calculate multiple bars at once with magnification setting. mATR (red line): ATR is extended to calculate multiple bars at once with magnification setting. dev (blue line): standard deviation If you turn on "divide source" in the settings, it will be the price...
This strategy is based on two of my previous scripts, one called “RSI14 + 10”; the other one called “Bollinger Bands Consolidation”. At its core, it combines the main setups from each of those two scripts but excludes the auxiliary features that were considered as experimental. This strategy will identify periods of squeeze, and then enter long during...
NVME Support & Resistance is unique compared to other S/R indicators out there because it provides users with automated analysis that can be done within a second and ours generate a highlight block rather than a solid line or dotted line and a highlight block is useful as it covers a bigger range compared to having dots and flat lines. Also, the zones will update...
Okay so this is pretty simple, but I think it's a great tool for day trading especially. I just took the default VWAP and Keltner channel scripts and combined them together. The top option allows you to choose which one you'd prefer to use, "Use ATR instead of VWAP" . The next options, "ATR Source", "KC Length", and "ATR Length" are the parameters for the...
Simple 3 EMA Strategy with plotted Take Profit and Stop Loss Entry condition: - Middle EMA cross above the Slow EMA - Set take profit and stop loss exit conditions based on ATR Indicator Exit condition: - Fast EMA cross below the Middle EMA
Double ATR Line, Assist on Trend, Volume and Unnormal Price Movement. - Fast Line ATR - Slow Line ATR 1) Able to Change The ATR = Period 2) Able to Change The ATR = Moving Average Type
This script is putting one of my old trading method, ATR Break, on chart. It used to win many times in Dukascopy strategy contest a few years ago. Pine script is quite easy to learn and very powerful. So I coded it to have a quick view for ATR break on chart. The rule is simple: - Current close - open / Previous ATR(5) > alertlevel (1.2), long signal -...