I developed the original as an experiment to potentially replace or augment my BB and RSI based strategies. After some back-testing I could see some really interesting results but it wasn't quite where I wanted it, so after some tweaking and further back-testing, and adding in more MA options, here we are. Mostly tested on 1h and greater time-frames using...
This script is for a triple moving average indicator where the user can select from different types of moving averages, price sources, lookback periods and resolutions.
- 3 Moving Averages with variable MA types, periods, price sources, resolutions and the ability to disable each individually
- Crossovers are plotted on the chart with detailed...
That's my first strategy. I already learn pine, so i will work on it more. Now i search how to make trailing stop working.
"WMA + MACD strategy with traiing stop" is very simple strategy which is designated for stocks market. It is created only to take long positions.
Buy signal is when WMA(120) is below price and macd(10,20,10) histogram is higher than...
Lots of moving averages are based on a weighted sum, the most common ones being the simple (arithmetic) and linearly weighted moving average. The problems with the weighted sum approach is that when your moving average is a FIR filter then the number of operations increase with higher values of length, and when the weights are based on a complex calculation this...
The Optimal Weighted Moving Average was created by Thomas Hutchinson and Peter G. Zhang, Ph.D. (Stocks & Commodities V. 11:12 (500-505)) and it is very similar to a classic weighted moving average but it uses the correlation between the input and the optimal weighted moving average output to use as the weights. Buy when the line turns green and sell when it turns...
This was a strategy I found based on MT4. It takes CCI readings, then transforms them into a weighted moving average illustration. This is represented as:
Red Line - A six period moving average taken from CCI (NOT PRICE)
Green Line - A sixty-six period moving average taken from CCI (NOT PRICE)
Blue Line - CCI plotted
I have also added some levels and bollinger...
Adopted to Pine from systemtradersuccess.com
They wrote that this average is designed to be a robust version of a moving average to reduce the impact of outliers, but I dont see a significant difference comparing it with SMA. So, I published it for the educational purposes.
To learn more about the robust...
This is an enhance version of Momentum 4 Ways that shows 4 ways to calculate momentum and display each one along with their combined average value.
This study was created to compare 4 different momentum values against their combined average using different display styles to allow the user to experiment with different views of momentum.
- Added the ability to...
This is a Moving Average indicator base on R/S which design for Chinese.
In the previous Zero-Lag MA post, we introduced the "mirroring" technique and the associated calculation.
In this post, we will see how we can use the same technique, with a slight variation, to evolve our zero lag moving average line, add more "smoothness" and still maintaining the low lag and fast response to data series changes.
to use the "mirroring"...