A key reversal is a one-day trading pattern that may signal the reversal of a trend. Other frequently-used names for key reversal include "one-day reversal" and "reversal day." How Does a Key Reversal Work? Depending on which way the stock is trending, a key reversal day occurs when: In an uptrend -- prices hit a new high and then close near the previous...
Example how to set the time range window to be backtested for both entries and exits. Additional examples are also included showing how to set the date range and toggle plot visibility. By incorporating this code with your own strategy's logic, it will allow you to backtest various time windows. Much gratitude to @LucF and @a.tesla2018 for help with including...
A key reversal is a one-day trading pattern that may signal the reversal of a trend. Other frequently-used names for key reversal include "one-day reversal" and "reversal day." How Does a Key Reversal Work? Depending on which way the stock is trending, a key reversal day occurs when: In an uptrend -- prices hit a new high and then close near the previous...
Trading strategy based on Donchain channel price breakouts confirmed by an optionally configurable volume filtered OBV oscillator. Colored diamonds on charts represent signals where top side is buy side and bot side is sell side - green indicates open and red indicates close. Pretty simple but nicely demonstrates the volume filtered OBV oscillator found here...
Strategy for pyramidization and coverage. (Indicator PyramiCover) Recommended time frame 60 min.
The adaptive price zone (APZ) is a volatility-based technical indicator that helps investors identify possible market turning points, which can be especially useful in a sideways-moving market. It was created by technical analyst Lee Leibfarth in the article “Identify the Turning Point: Trading With An Adaptive Price Zone,” which appeared in the September...
This is an old and incomplete script that is being pulled up and dusted off as per request. The sole purpose of this script was to provide code snippets allowing one to easily convert their own script/strategy to include incremental order sizes. More control over your pyramiding orders. **It may repaint, and was not intended for trading but more as an attempt...
Breakout above previous pivot points trigger a long. Close below pivot lows trigger the exit. Most effective during trends.
Hello traders Sharing a sample Supertrend strategy to illustrate how to calculate a convergence and using it in a strategy I based the setup as follow: - Entries on Supertrend MTF breakout + moving average cross. Entering whenever there is a convergence - exit whenever a Simple Moving Averages cross in the opposite direction happen - possibility to filter only...
Volatility Traders Minds Strategy (VTM Strategy) I found this startegy on internet, with a video explaingin how it works. Conditions for entry: 1 - Candles must to be above or bellow the 48 MA (Yellow line) 2 - Candles must to break the middle of bollinger bands 3 - Macd must to be above or bellow zero level; 4 - ADX must to be above 25 level Credits to who...
Scalping strategy based on Bill Williams Alligator technique but calculated with heikin ashi candles. This strategy has to be applied to standard candles and low time frames (1min to 5min) Thanks to all pinescripters mentined in the code for their snippets. It could be improved with stop loss based on ATR etc. I have also a study with alerts. Please use...
Hello traders A follower asked me to convert my Trend Direction Helper into a strategy So blessed this indicator reached the 1400+ likes milestone - I can't believe how many people are trading with it I based the setup as follow: - Entries on those green/red labels - exit whenever a Simple Moving Averages cross in the opposite direction happen -...
This is a derivative of Trading Public School "TTM Squeeze" volatility indicator, as discussed in his book "Mastering the Trade" (chapter 11). Black crosses on the midline show that the market just entered a squeeze ( Bollinger Bands are with in Keltner Channel). This signifies low volatility , market preparing itself for an explosive move (up or down). Gray...
This is a TradingView Strategy Script meaning you can't execute real trades using your exchange API connected to your TradingView account, it is designed for backtesting only This is a basic backtesting script for charting the bullish and bearish cross of two user defined simple moving averages, select the cog next to the name of the script ON the price chart in...
This is the strategy version of "expected range STUDY". The buy and sell signals are generated with the study version, but what is displayed on the chart is different. Here, the PnL of each trade is shown on the chart, as well as the peak profit point of each trade up till the present. Black areas represent take profit and waiting for the next trade to start....
Script for Swing Trading. It use the following indicators: - SQUEEZE MOMENTUM INDICATOR (LAZYBEAR) - RSI VOLUME WEIGHTED (LAZYBEAR) - PARABOLIC SAR Settings for OANDA:SPX500USD at 2H
This strategy buys when the Donchian Channel is broken to the upside and uses the lower Donchian Channel line as a trailing stop. You can also choose to use a moving average as a filter to keep you out of trades that are counter trend. You can also configure which dates you want to backtest, so you can see how this behaves over specific time frames and market cycles.