This is a 1 trade per day strategy for trading SPY or QQQ index. By default, this is designed for 1 min time frame. This was an experimental script that seems to be profitable at the time of publication. How it works: Pre-market high and low is defined per trading day between 9:00 to 9:30 EST. Then we looking for the first breakout on either PM high or PM...
this is a test indicator that evaluate the market and entry and exit positions gain fortune
Data Table for Update GTT Orders in Stocks.... Updated GTT Order details for SST , also added Relative Strength of Stock compared with NIFTY Index for 55 Days (3 Months) period. RS line plotted on chart… taken reference of close price of day candle… just a bigger picture of actual RS indicator plotted on chart itself... RS line in red color means below zero line...
Arnaud Legoux Moving Average with standard deviation band and standard deviation Fibonacci levels. Standard deviation band is alma + stdev and alma - stdev. Fibonacci levels are alma + stdev * fib ratio and alma - stdev * fib ratio (0.382 / 0.5 / 0.618 / 1.618 / 2.618). Used like a moving average, but also shows probable price range based on past volatility, and...
ATR Levels Calculated by adding ATR to daily low and subtracting ATR from daily high. Inputs can change ATR timeframe and range, defaults to 6 hr and daily.
// ————— Plots var cMarkerUp = color.new(color.lime, 0) var cMarkerDn = color.new(color.red, 0) plotshape(A1U, "Marker 1 Up", shape.triangleup, location.belowbar, cMarkerUp, size = size.tiny, text = "1") plotshape(A2D, "Marker 2 Dn", shape.triangledown, location.abovebar, cMarkerDn, size = size.tiny, text = "2") plotshape(A3U, "Marker 3 Up",...
Level 3 Background The stock price channel theory is a widely used and mature theory in western securities analysis. In the 1970s, American Xerxes first established this theory. Function In fact, it is contained by the short-term small channel and runs up and down in the long-term large channel. The basic trading strategy is that when the short-term small...
Linear regression analysis is used to predict the value of a variable based on the value of another variable. The variable you want to predict is called the dependent variable. The variable you are using to predict the other variable's value is called the independent variable. This indicator plot channel bands of Linear Regression.
It is used to compare symbol with different magnitudes and volatilities. It is compared by the level within its range of standard deviations. Visually, we are comparing where the price is in its Bollinger Band , for each symbol. 100 means that the price is near the upper band. 0 means that the price is near the lower band
Name: TheBigBangTraders Breakout Category: Trend Follower Operating mode: Spot Trades duration: Intraday Timeframe: 1H Suggested usage: the purpose of this strategy is to help to investigate if the asset is sensitive to breakout approach. Entry: Trigger point can be choose by the user between: High of the N days ago High of the N weeks...
The indicator calculates the distance between linear regression line and the data point (price) as a percentage , then calculates the standard deviation for the linear regression distance , then draw the channel of two lines depending on the values of standard deviation . ///////// How to use //////////////// 1 - for Best result , indicator should be used on 2H...
This indicator combines two features: VWAP bands for range trading and trends for trend-following. The white bands offer support/resistance levels ideal for range trading: short when rejecting off the upper band, long when rejecting off the lower. Take profit either when hitting the (faint gray) midline and/or when hitting the band on the far side. The trend...
As a trader, it is much more convenient to draw support and resistance in a form of an area instead of just a straight line. Same thing with moving averages which are often used as dynamic support and resistance. This indicator plot a moving average on the chart in a form of an area. You can customize the size of the band in the options menu.
Hi This indicator displays a band of EMA 50 having high and low of the same ema. This script works well on 5 min chart or lower time frames in intraday. When any price is above this band, you may consider a buy position and whenever any price is below this band, you may consider a sell position. You may also take help of EMA 200, which is shown in red...
Level 1 Background An example to take 3 mintes to backtest "Full System MACD with Stoch RSI and Baseline with risk control" with sextan backtest framework Function Courtesy of @SoftKill21 Full System MACD with Stoch RSI and Baseline with risk control This system can be used on all timeframes. It works on scalping, daytrading and swing trading.Its made from a...
STD Adaptive ADXm w/ Floating Levels is a standard deviation adaptive ADX indicator with adaptive floating boundary levels What is the ADX? Trading in the direction of a strong trend reduces risk and increases profit potential. The average directional index (ADX) is used to determine when the price is trending strongly. In many cases, it is the ultimate trend...
Level 1 Background Vitali Apirine’s articles in the July issues on 2019,“Exponential Deviation Bands” Function In “Exponential Deviation Bands” in this issue, author Vitali Apirine introduces a price band indicator based on exponential deviation rather than the more traditional standard deviation, such as is used in the well-known Bollinger Bands. As compared...
This MACDPRO indicator is based on MACD, RSI, ADX, BB and it has LONG/SHORT alerts for signals In script settings you can specify: 1) Dispertion value, 3 by default. 2) Noise filter smooth factor, 16 by default. 3) Enable/Disable RSIPROv5 TrendIndicator algorythm 4) Setting RSI Overbought and Oversold values 5) Enable/Disable stop loss and take profit filter for...