---From the "Bitcoin Trading Strategies" book, by David Hanson--- After testing, works better with an ATR stop instead of the Strategy Stop. This parameter can be changed from the strategy Inputs panel. "CCI Scalping Strategy Recommended Timeframe: 5 minutes Indicators: 20 Period CCI, 20 WMA Long when: Price closes above 20 WMA and CCI is below -100, enter when...
The AutoCorrelation Indicator was created by John Ehlers (Cycle Analytics pgs 94-98) and this can be viewed as both a momentum indicator and a trend indicator. This was his basis for several other indicators that he created which I will be publishing soon but essentially as this indicator goes up then the stock is in an uptrend and also has upward momentum. You...
Relative Volume is calculated by taking the ratio of current volume relative to a moving average of your choice. It gives you a quick way to see how much volume is involved in the current movement relative to a recent period. Features: -Customizable Moving Average: You can choose the period (default is 21) and type (SMA or EMA) -Customizable base level: Default...
Here I present you on of Trade Pro's Trading Idea: Chaikin Money Flow + MACD + ATR. This strategy is not as profitable as it can be seen in one of his videos. In the forex market, the strategy could reach a maximum of 35% profitability. I have, as some of my followers have requested, created an overview of the current position, risk and leverage settings in the...
//--- From 15 Trading Examples by Trader Alyx --- // Seems like this strategy works better if we reverse the EMA filter logic. // "Description: This basic scalping strategy allows you to enter the market based upon sentiment // provided by the EMA, set at 255 periods. When price is trading below the 255 EMA, you would // look to enter a LONG BUY positions, and...
The Adaptive Relative Strength Index was created by John Ehlers and this is his first version. I will of course publish his updated version at a later date along with publishing the final script from Jim Sloman's Ocean Theory book. I have changed his script to include extra smoothing to provide clear buy and sell signals. This is a version of a RSI that is very...
Trend following algorithm: We take 1- 5 Fibonacci Ema values. 21, 34, 55, 89, 144 2- We normalize the changes of these values over time between 1-100. 3- We take the ema value of 1 length so that it does not follow a horizontal course after the normalization process. 4- In order not to experience too much change, we take the value of sma with a length of 5. 5-We...
The Natural Market River was created by Jim Sloman (Ocean Theory pgs 59-62) and this is another momentum indicator that is extremely similar to the previous indicator I published, the Natural Market Mirror . This has almost identical buy and sell signals but different way to handle calculations so I'm going to leave it up to you which one you will prefer. Since...
This strategy is extremely useful for positional traders or traders using timeframe 15-minute of higher. It uses following combo of values: VWAP, CCI, Volume and Moving average (simple and exponential) Caution: Avoid taking trade if candle size is greater than twice the average candle size. for that wait for the retracement to near trailing stoploss
The Natural Market Mirror was created by Jim Sloman (Ocean Theory pgs 49-57) and this is a continuation of my series from Jim Sloman's indicators. This indicator is also a momentum indicator and is very similar to the previous indicator I published, the Ocean Indicator and of course this indicator is built using ideas from the Ocean indicator. It may just be my...
Using the RSI formula, predict what price should be next to be oversold or overbought. For using support and resistance, turn on "smoothing" option. White Line = what price should be next to be RSI = 50. Orange Line = what price should be next to be RSI = 70 or 30 (Default) Yellow Line = what price should be next to be RSI = 80 or 20 (Default) Green Line =...
This Indicator displays the momentum (performance) of the symbol in percent. You can compare the performance with other symbols. The default benchmarks are the S&P 500, the MSCI World and the FTSE All World EX US. The default length corresponds to one year in the timeframes monthly, weekly and daily. In intraday the default length is 200, but you can also set...
The Ocean Indicator was created by Jim Sloman (Ocean Theory pgs 39-47). Sadly he passed away a few years ago so it is extremely hard to find his code or more information about his trading system other than through his books so I did my best to replicate all of his work and I will be publishing his indicators over the next few weeks. Big thanks to @altcoinz for...
Imbalance Finder I struggled to always see it visually this marks whether there is or isn't imbalance Very quick way of finding imbalance between bars
version 1.1 I implemented Volume Price Confirmation Indicator (VPCI), invented by Buff Dormeier. I applied the logic in the book "Investing with Volume Analysis". Like MACD, it can also be used as a divergence or convergence method. The default value of whether to use this function is off. Gold cross and dead cross points can also be marked. The default in this...
A different approach to Gerald Appel's classical Moving Average Convergence Divergence. Appel originaly set MACD with exponential moving averages. In this version users can apply 11 different types of moving averages which they can benefit from their smoothness and vice versa sharpnesses... Built in Moving Average type defaultly set as VAR but users can choose...
GD Momentum plots short, medium, and long term momentum indicators. The indicators are inspired by momentum structural analysis techniques, and are the % above or below different moving averages. The short term plot is the % above or below the 30 unit moving average, medium is 200 units, and long is 1000 units. Draw trend lines and horizontal lines to identify...
This Oscillator is helping identify rate of change in Price. Basic Definition :- The Rate of Change ( ROC ) is a momentum technical indicator. It measures the percentage change in price between the current price and the price a certain number of periods ago. This indicator is plotted against zero, with the indicator moving upwards into positive territory if price...