This is a basic strategy that will buy after a hammer is printed, and sell when a predetermined risk or reward price is hit. You can change the risk and reward values in the settings. Risk and reward values are in increments of $0.01. Default values are 75 ($0.75) and 200 ($2.00). If the strategy is producing losses, try adding a zero to the end of the risk value...
This is a candlestick where the open and close are the same. WARNING: - For purpose educate only - This script to change bars colors.
This is a bearish reversal pattern formed by two candlesticks within a uptrend. Consists of an up candlestick followed by a down candlestick which opens lower than the prior candlestick and closes below the midrange of the prior candlestick. It is the reverse of the Piercing Line. WARNING: - For purpose educate only - This script to change...
I changed close series because, close series doing repaint. I changed the near series with the previous open series . but can use for sup and resistance
This is a bullish reversal pattern formed by two candlesticks in which a small real body is contained within the prior session's unusually large real body. Usually the second real body is the opposite color of the first real body. The Harami pattern is the reverse of the Engulfing pattern. WARNING: - For purpose educate only - This script to...
This is a bearish reversal pattern formed by two candlesticks in which a short real body is contained within the prior session's long real body. Usually the second real body is the opposite color of the first real body. The Harami pattern is the reverse of the Engulfing pattern. WARNING: - For purpose educate only - This script to change...
You can check edge profitability by adjusting the forward looking input, eg. how profitable is this signal after X bars.
a simple up down candle strategy with a built in MA control alerts script:
This is a bullish reversal pattern formed by two candlesticks. Following a downtrend, the first candlestick is a down candlestick which is followed by an up candlestick which has a long real body that engulfs or contains the real body of the prior bar. The Engulfing pattern is the reverse of the Harami pattern. WARNING: - For purpose educate...
This is a bearish candlestick reversal pattern formed by two candlesticks. Following an uptrend, the first candlestick is a up candlestick which is followed by a down candlestick which has a long real body that engulfs or contains the real body of the prior bar. The Engulfing pattern is the reverse of the Harami pattern. WARNING: - For...
This is a simple strategy based on Doji star candlestick. It places two orders: buy stop at doji star high or previous candle high and sell stop at doji star low or previous candle low. Exit rules are with take profit and fixed stop loss or take profit and stop loss at doji min or max. This strategy works very well with high time frames like Daily and Weekly...
if price has moved up since 1 to 3 candles ago = buy if price has moved down since 1 to 3 candles ago = sell has internal SL & TP tested on BITFINEX:ETHUSD BITFINEX:BTCUSD BITFINEX:LTCUSD BITFINEX:ETHBTC 4 hour charts
This is advanced version of T-R.A.S with better logic adapted for 4hour / 3month timeframes
This is a hourly version of T-R.A.S It's better for houry timeframes : 2h, 3h, 4h, 6h, 12h, 1d, 4d ; otherwise use version for weekly
This strategy was created as experimental and after playing around with it, I was able to realize what is a good way to base your strategy on and what is not. This one is most primitive way and you should not expect gains from it(it's best on the weekly btw). Anyway, all my attempts to advance this strategy in the end gave me around 1%2% +Net Profit on the...
You can use this script to backtest Heikin-Ashi bar color change strategy. You have to apply this script to usual candles and not Heikin-Ashi!!! Background color indicates HA bar color. On change you'll see green/red arrows and alert will be fired. Also you can find in the code calculations of all HA OHLC values.
The strategy contained in this post comes courtesy of babypips (.com), an excellent resource for all thing forex related. If you are new to trading, the site is definitely worth checking out! Code commentary and an introduction to Inside Bars are available for this post on the Backtest-Rookies (.com) website. Note: If you are interested in custom development...