PURE MORNING is a strategy written by devil_machine a student of our AlgoTrading Basic Course in Pine Script .
It is the winning strategy of our Christmas Challenge 2022.
This Trading System is based on the analysis of a specific type of candles called "Doji" and "Morning Doji Star"
Name : Pure Morning - Candlestick Pattern Doji Strategy
Author :...
CENTER OF GRAVITY is a strategy written by devil_machine a student of our AlgoTrading Basic Course in Pine Script .
It won the second place in our Christmas Challenge 2022.
This Trading System is based on a specific type of indicator called "Center of Gravity" by John Ehlers
Name : Center of Gravity + ADX
Author : @devil_machine
Category : Trend...
Stop worrying about catching the lowest price, it's almost impossible!: with this trend-following strategy and protection from bearish phases, you will know how to enter the market properly to obtain benefits in the long term.
Backtesting context: 1899-11-01 to 2023-02-16 of SPX by Tvc. Commissions: 0.05% for each entry, 0.05% for each exit. Risk per trade:...
Kitchen is a strategy that aims to trade in the direction of the trend by using supertrend and stochRsi data by calculating at different time values.
First of all, let's understand the supertrend and stocrsi indicators.
How do you read and use Super Trend for trading ?
The price is often going upwards when it breaks the super trend line while keeping its...
Traders, i have been observing crude oil for about 3 months now and somehow I can see that crude is respecting 42 days Moving average and crosses have created massive spikes most of the time.
However you need to be mindful of the time to trade and timeframe since not all crosses creates spikes.
Note: I have been testing on a 15min timeframe.
Keeping this in...
This is my first attempt at a trading script using the RSI indicator for Buy & Sell signals (so please be nice but would appreciate any constructive comments).
Starting with $100 initial capital and using 10% per trade
You can select which month the backtesting starts
There is also a monthly table (sorry can’t remember who I got this from) that shows the total...
We are happy to introduce the Key Performance Indicator by Detlev Matthes. This is an amazing tool to quantify the efficiency of a trading system and identify potential spots of improvement.
Abstract
A key performance indicator with high explanatory value for the quality of trading systems is introduced. Quality is expressed as an indicator and comprises the...
The goal of this script is honestly to help everyone learn about trading with bots and algos.
At least, to get started.
Level 1:
10 lines of code.
learn to plot 2 moving averages on your chart.
learn to create a signal from a crossover.
learn the very basics of Pine Script algo.
How it works?
- It calculates the linear regression of the last X candles and define a range based on a linear regression deviation (represented by the 3 parallel lines over the last candle).
-Open trades based on the breakout of the deviation of the linear regression (represented by the yellow triangle).
-Advanced trend filter to not open trades against the trend...
"Please give us combined alerts with the possibility of having several conditions in place to trigger the alert." - was the top voted request from users under one of the recent blogposts by TradingView.
Ask and you shall receive ;)
TradingView is a great platform, with unmatched set of functionalities, yet this particular combo of features indeed seems not to be...
#banknifty algorithmic trading :-
The strategy is based on moving average and work best on #banknifty 1 hour time frame, you are adjust the time frame based on your comfort.
The source code is open for you to add additional logic and you can use other indicators for active filtering.
This algo can be used in conjugation with the other trend indicator.
You can...
this script is upgraded version of previous one the major change is deleted script which find a highest price after entry the last of strategy is same.
If current volume is above daily average volume, and three bollinger band`s Standard Deviation, 1 and 1.5 and 2 if the current lowest price is bigger then 1 stdev and current closed is bigger then 1.5 stdev and the...
This script consist of two parts: linear SSL and DEMA. The difference between original SSL and current is that it calculated by linear regression. The logic is simple: when SSL "crossunder" and DEMA is above the price - we get short signal. When price became above DEMA and SSL "crossover" - close short.
Software part of algotrading is simpler than you think. TradingView is a great place to do this actually. To present it, I'm publishing each of the default strategies you can find in Pinescript editor's "built-in" list with slight modification - I'm only adding 2 lines of code, which will trigger alerts, ready to be forwarded to your broker via TradingConnector...
Software part of algotrading is simpler than you think. TradingView is a great place to do this actually. To present it, I'm publishing each of the default strategies you can find in Pinescript editor's "built-in" list with slight modification - I'm only adding 2 lines of code, which will trigger alerts, ready to be forwarded to your broker via TradingConnector...
DMI (Directional Movement Index) and HMA (Hull Moving Average)
The DMI and HMA make a great combination, The DMI will gauge the market direction, while the HMA will add confirmation to the trend strength.
What is the DMI?
The DMI is an indicator that was developed by J. Welles Wilder in 1978. The Indicator was designed to identify in which direction the price...
This indicator allows you to filter noisy chart, with engulfing candles which have been rejected from current trend lines. Trend lines by default are 21 MA (fast) and 10 MA (slow one). If fast moving average is greater than slower one, automatically indicator would represent that like uptrend, and if opposite then like a downtrend.
Consider to work only on...
This indicator allows you to filter noisy pin bar chart, with pin bars which have been rejected from dynamic support/resistance level also named as 21 Moving Average.
I would consider to work only on higher time frames like 1H and higher, so you really can find only best entries.
Have fun, write your feedback in the comments section:)
P.S This is the first...
![BTCUSDT: Kitchen [ilovealgotrading]](https://s3.tradingview.com/t/T6RfcxRk_mid.png "Kitchen [ilovealgotrading]")
![BTCBUSD: [Fedra Algotrading LR + TTP Indicator Lite]](https://s3.tradingview.com/x/X5AkOntp_mid.png "[Fedra Algotrading LR + TTP Indicator Lite]")
