Level: 2 Background John F. Ehlers introuced Instantaneous Trendline (IT) in his "Rocket Science for Traders" chapter 10. Dr. Ehlers hope IT can enable us to compute a continuous trendline from which we can rapidly assess market action. Function blackcat L2 Ehlers Instantaneous Trendline (IT) is used to follow trend. IT is important because the dominant...
My trial of script base on EMA , RSI and MACD to filter the best Candle which has likely hood of uptrend in a practice of " Buy Today Sell Tomorrow". Blue candle : 40 to 70 % RSI Orange candle > 80 % RSI Yellow candle < 30 % RSI - buy and can hold Lime candle buy above MACD line. Also i added the label when 2 EMAs and SMA cross each other in solid body...
This script based on KivancOzbilgic 's PMax indicator. I modified a bit. Added Filters, Exit (TP) Levels and few indicator in it. This script opening only Long Positions. I have used this indicators in this strategy: -Moving Stop Loss (Most) by ceyhun -PMax Explorer STRATEGY & SCREENER -Bollinger Bands on Macd -Tillson T3 Moving Average by KIVANÇ fr3762 I am...
Ingredients Daily chart 8ema & 21ema on a 78-minute chart Trend Following v1 indicator for TradingView (optional) Steps Identify stocks that tend to move the same direction for one or more weeks at a time. Find and locate stocks where the 8ema is crossing above (bullish) or below (bearish) the 21 ema on a 78-minute chart. If the 8ema > 21ema, the indicator will...
This strategy follows the trend and keeps you in the trend until it breaks SMA 200 SMA setting is 200 BB setting is 21 BUY ==== when BB is (lower band and upper band) above SMA 200 and price crossing above BB middle line Partial Exit ========== When Lower BB crossing down SMA200 , exit 30% Total Exit ========= When BB middle band crosses down...
This MACD shows both the standard histogram, as well as MACD and Signal line but on top of it has a MACD Leader implemented. The MACD usually lags a bit behind due to using moving averages. By adding the price/moving average difference back to the moving average however, we can almost eliminate the lag and therefore have a leading indicator for the MACD . Please...
This RSI has a couple modifications. It works with bullish and bearish control zones and implements both a 12 EMA as well as the "magic" 89 Moving Average. First, the ranges. Whenever the RSI moves above 65 the bulls are in control. Whenever the RSI moves blow 45 the bears are in control. Everything in between in neutral. Traders can use these levels for...
The compression of volatility usually leads to expansion. When the breakout comes, it can ignite strong trends. One way to catch a coin trading in an accumulation area is to spot three moving averages with values close to each other. The strategy uses a combination of Moving Averages to spot the best time to buy a coin before its breakout. Buy Condition ...
Thanks to The Sweet Lord , here is the Gaur's Polynomial Regression Channel. Its a Polynomial Regression Channel but applied a little differently. Wont go into technical details much. Overview of options is as follows- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -...
Present a way to solve a problem of repetitive drawing in case you want to visualize and elminate potential signal error before backtesting.
This strategy majorly uses MA, Tilson and S&R. MA is used for predicting the trend, Instead of normal cross-over of the MA, we are calculating the trend of the MA itself (whether MA is moving upward or downward by comparing the previous and current value of MA), along with MA we also use Tilson to calculate the MA. Once we have MA and Tilson we take average and...
Yet another trend follower that is based on a very simple principle: Take the highest high and lowest low from a user defined bars back period, do an average between them and smooth them up with 3 possible moving averages, VIDYA, EMA and SMA, while VIDYA is the default. What is VIDYA ? Variable Index Dynamic Average (VIDYA) is similar to the Exponential Moving...
You can find the backtesting result of this indicator in here: This indicator majorly uses MA, Tilson and S&R. MA is used for predicting the trend, Instead of normal cross-over of the MA, we are calculating the trend of the MA itself (whether MA is moving upward or downward by comparing the previous and current value of MA), along with MA we also use Tilson to...
This is a complex strategy for Scalp that is fully configurable and can be automated This script uses a combination of ma to detect the trend at a higher time frame, which can be defined by the user, as default set to 1D and 1M. Triggers for long and short are given in a lower time frame, for example 30 minutes and are given by a combination of factors and...
My EOD (End of Day) system for trading on the daily timeframe with minimum stress. Just pair the built-in alerts with the bot of your choice and then let the indicator do the rest. It'll determine the current trend, filter out as much noise as possible and then take you from long to short. There are options to toggle the following: Auto fibonacci levels with...
This indicator is designed for Banknifty which is traded on NSE(India). It works best in 1-M and 5-M time-frame. You can always experiment with any other time-frame with various combinations of settings. Green Line- Buy Trigger Line Red Line- Sell Trigger Line Period: No. bars for look-back period. Trade Trigger Type: 1. ATR Based – Trade will be initiated...
MACD,RSI & EMA strategy with MA+PSAR Buy strategy - MACD above signal - RSI above RSI signal - Close price above EMA Sell Strategy - MACD below signal - RSI below RSI signal - Close price below EMA
This strategy uses a SMA much like an the faster EMA in many oscillators and the T3 average of the same period as the intermediate trend. Exits are defined by encounters with the Bollinger Band. The long term trend is defined by T3 moving averages of an even longer period.