This system design for you in order to make you money :) I hope...
1. the donochian channel is based on color of high and low price (easy to see where the bars exist)
2. resitance and support are drawn by bolinger system (black and red dots)
3. buy and sell are based on volume model (B and S ) with alerts
4. when PSAR and the buy or sell are in agrreement this...
This indicator is based on modelius model of lazy bear weis model with ATR for the buy=B sell =S
in addition there is Take profit and stop loss in % both for short and for long
next stage is to know the resistance level and support based on bollinger marked in blue and red dots
Also included Parabolic Sar (blue and red dots rising up or down)
The color of...
Parbolic Stop is a mix between the indicator Parabolic SAR, Volatility Stop and an SMA.
The goal of this indicator is to place your stop loss in an optimized spot. You can also combine the indicator switch from different timeframes to get buy or sell signal.
This indicator overlays a series of Parabolic Stop And Reverses (SARs) to continuously illustrate trends as they form in addition to a range of good possible levels at which to place stop orders.
The Initial Start argument gives the minimum value for the SAR function's "Start" argument. The Increment/Start Ratio argument gives the ratio of the SAR function's...
Based on the trading strategy described at
- Backtesting and forwardtesting (of TradingView Strategies)
- 9 Mistakes Quants Make that Cause Backtests to Lie
- When Backtests Meet Reality
- Why MT4 backtesting does not work
This indicator is an alternative to Parabolic Stop and Reverse indicator. It is primarily used to identify points of potential stops and reverses.
Instead of using a static parabolic curve, this indicator adjusts dynamically based on the changes in moving average of the price. Read here to learn more about the usage of this indicator .
I tested the strategy...
These are alerts for my MTF Trailing SL Strategy.
Entry Long position if all 4 time-frames agree on the long signal.
Exit Long positions when at least 2 time-frames disagree on the long signals.
Entry to Short position if all 4 time-frames agree on Short signal.
Exit from Short positions when at least 2 time-frames disagree on Short signal.
Use "Once Per Bar...
PSAR works well as trailing stop loss (or WinStop), but is often whipsaw'd as it detect trend changes over enthusiastically.
So, a filter to validate trend changes was added. It basically requires 3 straight bars completely breaking the prior saved PSAR level.
The original script was posted on ProRealCode by user Doctrading.
This little and simple code allows you to draw an indicator, which show you when buy or sell conditions are met.
For "buy" conditions, I did just set :
close > MM200
close > Parabolic SAR
MACD > 0
RSI7 > 50
For "sell" conditions : the opposite.
Of course, you can set what you want, in order to...
Multi-Indicator consisting of several useful indicators in a single package.
-By default the 20 SMA and 50 SMA are shown.
-Use "MOVING AVERAGE TYPE" to select SMA, EMA, Double-EMA, Triple-EMA, or Hull.
-Use "50 MA TREND COLOR" to have the 50 turn green/red for uptrend/downtrend.
-Use "DAILY SOURCE ONLY" to always show daily averages regardless of...
A Simple indicator combining
4 popular simple moving averages; (8, 21,55, 200)
A tweaked Parabolic SAR which is indicated by a series of dots starting near previous support & resistance points
Support & resistance points which are indicated by red and green horizontal lines
A simplified version of the TD sequential. Only including the countdown phase...