Overview
This script trades basic hammer and shooting star candlestick patterns.
It's an extremely simple strategy with minimal filters, and according to my personal manual backtesting and automated trading results, performs best on the Daily chart on certain forex pairs.
It is intended to be traded on the forex markets but theoretically should work on all...
Dynamic Take Profit & Signals (DTS) help us to dynamically place potential take profit levels. These levels are measured based on standard deviation in conjunction with swing high and low points. Head over to the settings to control your take profit and multiplicative factor setting.
In short, higher values of either setting will return more spread out between...
An example of Binary Option Arrows (BOA) for candlestick patterns bearish and bullish harami.
With results as coloured background and an option to choose your expiration (one candle by default).
It's just an example for those who has their own strategy and wants to make nice arrows in their chart.
All you need to do is rewrite piece of script in lines 9:13 -...
This script provides high probability entry points and includes Take Profit and Stop Loss targets.
It attempts to predict when the market conditions are set to move up, and prints long positions.
In addition to Long Entry Arrows, it will print Take Profit / Stop Loss targets.
This indicator is highly adjustable. Hence the name 'Experimental' in the title....
All indicators used on the Technical Analysis Summary from TradingView, composed with oscillators and moving averages. Sell and strong sell will represent more indicators showing sell signals. Buy and strong buy will represent more indicators showing buy signals. A white bar will show neutral signal (don't trade). This can be good for binary options or scalping on...
Rob Booker Reversal Tabs Strategy is an updated version of Rob Bookers Reversal Tab study: Rob Booker Reversal Tabs
While the original is a Pinescript study, this version can be switched between strategy and indicator mode.
Rob Bookers script generates reversal signal based on MACD and Stochastics, it is not a true reversal system, default pyramiding value is...
CHN BUY SELL is formed from two RSI indicators, those are RSI 14 and RSI 7 . I use RSI 14 to determine the trend and RSI 7 to find entry points.
+ Long (BUY) Signal:
- RSI 14 will give a "BUY" signal, then RSI 7 will give entry point to LONG when the candle turns yellow.
+ Short (SELL) Signal:
- RSI 14 will give a "EXIT" signal, then RSI 7 will give...
This script calculates a simple Ichimoku Score based on the signals documented here , with a few additions. Each of the score components can be individually weighted via the script inputs . The output is a plot of the normalized Ichimoku score, in the range of -100 to 100.
This script has been heavily modified from 'Ichimoku Cloud Signal Score v2.0.0 '. ...
The 3 Duck's Trading System from Babypips.com
The 3 Duck's Trading System is the most popular and active trading system thread on the the babypips.com forum. It is a system that is mainly for beginners because it teaches you discipline, learning to cope with price moving against your position and learning to stay in a trade and keep profits running. For the...
This script combines my volume and trend indicators with an added flare.
The mindset for this strategy is a trending market, where price is moving in a consistent direction with some reversals.
The most unique concept of this script is the background calculator (divergent). This is different from other scripts on the platform because of the close tie in with the...
English Knowledge:
Midpoint Strategy;
The general calculation method is a strategy that helps determine direction by the intersection of a MA line and the value obtained by dividing the lowest and highest price in the specified length range.
Başlangıç Periyodu: The data length of the Midpoint Line.
Kaydırma Seviyesi: The number of steps forward or backward of...
the triggers only work to tell you go back 5 candles on 5 min, take either lowest or highest plus 3 pips and make entry and go 3 pip over under trigger for stop loss. can take half profit at 1x and move stop to break even and go 1x more for take rest profit, or create a trailing stop loss on Take Profit level 2 and ride the trend.
1 Hour chart has to be over...
A while ago, we wrote* about the usefulness of using a currency strength meter and how you can build one from scratch.
See here: www.globalprime.com.au
Now we've taken this little project to the next level by visually spotting, via color signals in a dashboard and alerts, when a potential new trend might be developing in a currency pair.
*It's critical that...
