This simple RSI-MA long/short algorithm beats the Dow by a FREAKING HUGE margin over the past century (excluding dividends and trading costs).
The algorithm uses a fast SMA of the RSI as a buy/cover signal and a slow SMA of the RSI as a sell/short signal.
Backtest period = 09/17/1916 - 11/02/2015
Dow = 98 --> 17,830 = +18,094% = 5.38% CAGR
Algorithm = net...
Easy to use strategy test using MACD with RSI as a confirming indicator. The code is structured to make it easy to manipulate the variables to your choosing.
EASY TO CHANGE CODE VARIABLES
LINE 2 = Change the amount you invest every trade and the currency
LINE 8/9/10 = Change the defval of each...
Just a simple CCI strat where the buy is over 0 and the sell is under zero. Also a option to color the bars accordingly if you want. Has a pretty sweet risk to reward ratio and has treated me well . As always i suggest never using a script blindly, do some testing and tweaking of your own! enjoy. Obviously adding another indicator or side strat can help weed on...
I improved Squeeze Momentum Indicator by LazyBear (momentum filter, changed data source to ohlc4) and transformed it into a strategy, adding a risk management system + ability to customize time frames for backtest.
Shortly about Squeeze Momentum Indicator:
This is a derivative of John Carter's "TTM Squeeze" volatility indicator, as discussed in his book...
Ichimoku_cloud + Daily-Candle_cross(DT) + HuLL-MovingAverage_cross + MacD
any timeframe, all indicators settings adjustable for fine tuning to pair/timeframe
Target Point and Stop Loss settings
set SL low to reduce repaint
This script prints BUY and SELL signals based on settings you input. I use it to save time while scrolling through charts deciding what alts I want to look at.
Positive EMA Crossover
Positive MACD Crossover
Single Candle Gains
I don't trade based just on the BUY or SELL from this strategy, but I have found...
RSI with Fibonacci Levels
Visually can be used as:
- Countertrend indicator at extreme green/red lines
- Follow trend indicator
- Fibonacci supports and resistantes zones
The strategy works as a follow trend
How to trade:
The indicator is more reliable in longer time frames, at least 4H
Choose a fibonacci level as reference
Buy when the RSI line turns...
This is combo strategies for get a cumulative signal.
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow...
This strategy enters a trade on an inflection point of the lead line of the adaptive bandpass trigger oscillator, so it is an aggressive entry. It closes the trade on the reverse signal and only trades long and when price is over a long term moving average.
This strategy combines the classic stochastic strategy to buy when the stochastic is oversold with a classic MACD strategy to buy when the MACD histogram value goes above the zero line. Only difference to the classic stochastic is a default setting of 71 for overbought (classic setting 80) and 29 for oversold (classic setting 20).
Therefore this strategy goes...
This simple indicator provides great results.
It is the popular RSI indicator with VWAP as a source instead of close.
What is the Volume Weighted Average Price (VWAP)?
VWAP is calculated by adding up the dollars traded for every transaction (price multiplied by the number of shares traded) and then dividing by the total shares traded. That is, volume.
Based on my "Renko Reversal Alert".
Will open a long trade and close all short trades, if there is a bullish renko reversal.
Will open a short trade and close all long trades, if there is a bearish renko reversal.
What Is the Darvas Box?
The Darvas Box strategy was developed by Nicholas Darvas. Aside from being a well known dancer, he began trading stock in the 1950s. Based on his success in trading, he was approached to write a book on his strategy. The book, “How I Made $2,000,000 in the Stock Market,” outlines his rather simple approach … simple once you understand the...
A simple strategy that uses the PPO divergences to open trades and the highs/lows to close them. Credit to Pekipek for this PPO Divergence indicator (I changed the visuals a bit)
Purple circle - bullish divergence - enter LONG
Orange circle - bearish divergence - enter SHORT
Green dot - high point - exit LONG
Red dot - low point - exit SHORT
Here we go again.... with another strategy snippet.
Reminder: it's an alternative of this Trailing Stop strategy script
The entry is based on a Simple Moving Averages (SMA) cross.
This part doesn't matter here - as I wanted to focus on the ATR multiple stop loss component.
This strategy snippet uses an entry stop loss...