This is a function that you can use in strategies. Not a strategy in and of itself. Example thumbnail is showing the function applied to a strategy. Oftentimes, I am asked a question regarding how to hold a variable at a specific, constant level over a conditional period of time. This question is always asked in a very long convoluted way like "I want the...
MACD = Moving Average Convergence and Divergence Hybrid = Combining the two main MACD signals into one indicator BSH = Buy Sell Hold This indicator looks for a crossover of the MACD moving averages (12ema and 26ema) in order to generate a buy/sell signal and a crossover of the MACD line (12ema minus 26ema) and MACD signal line (9ema of MACD line) in order to...
Hello everyone! This is a indicator based on the MACD and the distance between the current price and the Exponential moving Average . The signal gets triggered if the current MACD (with default settings) is under 0 and the Distance from the Ema gets smaller if under ema or gets bigger if over ema . In edition you can set a max distance from the ema . This...
The traffic light indicator is designed to be as simple as possible to avoid the steep learning curve that comes with many other indicators. - A Green Circle indicated the price is likely to go up. - A Red Circle indicates to price is likely to go down. - A Yellow Circle means there's some indecision and you should consider tightening stops or taking profits if...