This script is designed for trend trading. Currently set up for stocks long. It's main aim is checking the profitability of the trend trading system that it suggests. How to use: - When there is a sufficient trend and pullback for an entry yellow dots will appear under the bars. An buy-stop line (green) and a stop-loss line (red) also appear on the chart at...
Level: 1 Background The so-called "Buy after Dump" refers to the phenomenon in which the stock price sometimes rebounds temporarily due to the rapid decline in the falling market. The rebound was smaller than the decline, and the downtrend resumed after the rebound. Function L1 Buy after Dump Detector is one of my research to see win rate of a "Buy after Dump"...
The indicator will help you determine the average price range of the candle. It will help you determine following High price Low price Difference between high and low These values will help you take buying decision when a candle stick pattern is created and will easily help you determine the buying price and target price in a glance.
This is a minor update and modification to the script by kisshore19: I updated a few pieces to make it v4 compliant (color. and syminfo. prefixes, etc), inserted the passed variables on the functions, and modified a few items per my preference (line style, removed the infinity offset, added transp). Very minor updates, the work is all credit to kisshore19. I...
This is a momentum and volume based strategy. 1. Barcolor is GREEN -> When Momentum is in green region and Volume is also in green region 2. Barcolor is RED -> When Momentum is in red region and Volume is in red region. 3. Barcolor is YELLOW -> Volume and Momentum is not going in same direction. Staying away from trading is good in this scenario. Blue Star ->...
Today I propose a simple indicator to get an idea of market sentiment Color distinctions are as follows -White background = Bollinger Band Squeezed -Purple columns = Total candle length wick to wick -Lime columns = Green candle body length -Red columns = Red candle body length -Yellow columns = Wick to wick size higher than the previous candle by defined %, this...
It is very simple strategy for Buy & Sell based on 8 SMA. Here we need to take 8 SMA Close & 8 SMA Open and based on that decide Buy & Sell signals
100/200 EMAs, along with Keltner Bands based off them. Colors correspond to actions you should be ready to take in the area. Use to set macro mindset. Uses the security function to display only the 1D values. Red= Bad Orange = Not as Bad, but still Bad. Yellow = Warning, might also be Bad. Purple = Dip a toe in. Blue = Give it a shot but have a little...
TheTradeKit (lifetime) Indicator Suite A data first approach. Community Second. Transparent always. Designed for traders of any market including: - Crypto - Forex - Stocks - Commodities With a little configuration and insight into your trading style. TheTradeKit has been designed to be as simple as selecting a pair and let the market present opportunities for...
STRATEGY INGREDIENTS * DAILY chart * 10 ema on daily * 50 ema on daily STRATEGY RECIPE SUMMARY Wait for a CLOSE BELOW the 10 ema on the daily chart ...YESTERDAY. Wait for a CLOSE ABOVE the 10ema TODAY...ensure the price action is ABOVE the 50 ema on the daily chart ...buy at the close if the green arrow indicator is shown. Be sure to get your order filled BEFORE...
This indicator looks for the highs and lows using the highest / lowest of 4 different periods. The default values are 17, 72, 305 and 1292 inspired by BO Williams phicube fractals. The indicator will show anchored vwaps from those 8 dynamic points (4 tops and 4 bottoms). A true trend is defined when 4 fractals line up without much opposite resistance (only the two...
Concept: Short term momentum pattern with a trend filter Setup: It can be observed on charts that when a candle cuts an important support or resistance level a good move follows on the side of the breakout. The extent of the breakout differs from candle to candle, however the move on break from the support/resistance level to its new pivot point is large enough...
This script calculates how much cryptos or dollars you have to bet with 4 variables : Risk Loss , Leverage, Entry and Stop Loss. When you want to open a position, just complete the parameters and the script will tell you how much you have to bet in dollars or cryptos units, depending the way you're trading. Note : don't foreget that you have to pay fees on...
I created this script with a simple goal in mind: Automatically plot trend-lines for a given interval with a resolution that fits the period chosen. To accomplish this I used a combination of the following: Ichimoku Spans and Ichimoku Span Width. ATR and standard deviation from the ATR of the Ichimoku width. Rolling MACD with directional RSI for coloration...
This script supports my previous post Empirical Suite It automatically plots Support and Resistance levels on the chart during periods of volatility squeeze. You have three plotting methods: From High to Low From Open to Close Linear Regression (experimental) The levels are color-coded: Red: weak, one-sided volatility squeeze Orange: typically strong,...
This indicator removes high-frequency noise from 4 extremely useful measurements: Volume Volatility Trend Momentum All plots are normalized after filtration to make comparisons easier. In the chart, I step through an example trade on $TSLA, however, the indicator works well on Currencies and Commodities too. Comparing side-by-side to other common...
This can be applied to Forex, Stocks and Crypto. Understanding it When the buy or sell signal align with the wave, it means the price is heading in the direction of alignment. This indicator is intended to be used as a confirmation indicator for other algorithms for best result. Indicators with specifically tested and chosen settings that have shown to work on...