This strategy is made from a crossover of 2 ema : 4 and 8 in this case, together with a RSI of lenght 10 applied to hl2 The strategy is simple : we enter when we have a cross between the 2 ma's and rsi at the same time is in ascending or descending position crossing the middle line of 50. For exit we have : at the end of a session( we trade only between london...
Show WaveTrend Line and Stochastic RSI line Indicator in one script When Stochastic RSI Line cross will show signal. Helping users to know the signal of reversal. Disclaimer On and Take your Own Risk.
Hey, I am glad to present you one of the strategies where I put a lot of time in it. This strategy can be adapted to all type of timecharts like scalping, daytrading or swing. The context is the next one : First we have the ATR to calculate our TP/SL points. At the same time we have another rule once we enter(we enter based on % risk from total equity, in this...
Hello Traders, With the info "Trend is Your Friend ", you should not take position against the trend. This script checks multipte moving averages if they are above/below the closing price and try to find trend. The moving averages with the length 8, 13, 21, 34, 55, 89, 144, 233, 377 used. these are fibonacci numbers, but optionally you can change the lengths...
4 EMA crossover visualized (buy/sell) w/ alerts. Personally I use 8, 13, 21 & 55 for LTF's and 21, 55, 100 & 200 for HTF's
This indicator behaves like a traditional EMA ribbon by using the 21, 25, 30, 35, 40, 45, 50, and 55 bar exponential moving averages. In this particular indicator, the traditional EMA ribbon lines are turned off by default leaving only a filled in area between the 21 and 55 bar averages. The filled in area is green when the 21 bar average is greater than the 55...
Script ini dibuat untuk membantu strategi trend following harian pada saham-saham di IHSG. Terdiri dari: 1. Petunjuk visual untuk area trend yang sebaiknya dihindari ( bearish trend ), berupa background berwarna merah. Dimana area bearish trend adalah ketika garis fast ema berada di bawah garis slow ema . 2. Batas stop loss / trailing stop, dengan acuan nilai...
Moving Average Convergence Divergence – MACD The most popular indicator used in technical analysis, the moving average convergence divergence (MACD), created by Gerald Appel. MACD is a trend-following momentum indicator, designed to reveal changes in the strength, direction, momentum, and duration of a trend in a financial instrument’s price Historical...
Another simple indicator that you can use to get to know the major trends and bull markets. It only uses 4 different exponential moving averages. These are (55, 89, 144, 233) The correct alignment you should see on the screen should be from top to bottom and from small to large. Example: 55 should be at the top and 89, 144 and 233 below, respectively. When you...
You can decide to trade with this very simple scenario. This system consists of 2 exponential moving averages ( EMA ) These are Ema 8 and Ema 20. Recommended period is 4 hours. When 8 Ema is above 20 Ema , positive zone and may be safer to trade. And the opposite is negative when it is. This indicator is of course not a sufficient reason to decide on trading. It...
Japanese below. 日本語の説明は下記 This is multi time frame simple moving average that is shown only on the specific timeframe; 5M, 15M, 30M, 1H, 4H. Problem of conventional MTF moving average is that MTF MA is sometimes annoying especially when you look at upper timeframe such as daily chart and/or weekly chart. e.g. You set 20 MA of 4 hour chart into 1 hour chart,...
This script plots multiple EMA's also it shows you when a particular EMA crosses up or below another EMA. You can customize the EMA's based on your setups or preferences. This script basically will help you easily identify when a particular EMA has crossed over or crossed under another EMA at one glance. Particularly useful when there is a lot of entanglement...
Just a clean script that can be applied on top of other indicators/sources or you can take the function out of the source and use it in other scripts. The idea for this was taken from www.pinecoders.com except I am utilizing an EMA instead of SMA. Simply put, we are combining a low-pass filter (moving average) with a high-pass filter (smoothed difference...
I used the moving average with the habit of 21-55, so added two moving average When the price runs above 55, it only looks for the buy signal. When the price runs below 55, it only looks for sell signals. The first step up through the 55 moving average after the first confirmation can buy homeoply, The first pull down after crossing the 55 moving average for the...
I used the moving average with the habit of 21-55, so added two moving average, one is the short line 8EMA, the other is the medium and long line 89ema Explain the application of moving averages through the disk surface: When the price runs above 89, it only looks for the buy signal. When the price runs below 89, it only looks for sell signals. The first step up...
I used the moving average with the habit of 21-55, so added two moving average, one is the short line 8EMA, the other is the medium and long line 89ema Explain the application of moving averages through the disk surface: When the price runs above 89, it only looks for the buy signal. When the price runs below 89, it only looks for sell signals. The first step up...
This script improves on the basic moving average multiplier script by adding inputs for the multiplier and moving average type.