QQE Trailing Line for Trailing Stop | jhUsing parts of QQE (Qualitative Quantitative Estimation) again, this time I'm applying the trailing line of QQE on price directly.
Outcome, it's behaving like a baseline filter and it can be use as an exit or a trailing stop indicator.
As comparing to Kijun-sen line in yellow, the QQE trailing line follows the price closer, therefore exiting you sooner when the trend direction changes.
There's 2 QQE option, they behave differently during the trend change.
Credits to Glaz and Shizaru for their QQE code.
Baseline
No Nonsense NNFX VP Strategy for Back Testing Baseline | jhStrategy for the NNFX Baseline Script - Moving Averages
Does not enter when price is > 1 ATR away.
Adapted the "Many Moving Averages" script to VP's NNFX No Nonsense Forex method.
Includes:
- ATR bands and labels
- Price is > 1 ATR away from baseline indication
Available MAs
"ALMA", "EMA", "DEMA", "TEMA", "WMA", "VWMA", "SMA", "SMMA", "HMA", "Kijun", "McGinley"
NNFX Baseline Script - Moving AveragesCredits to @Fractured
Adapted the "Many Moving Averages" script to VP's NNFX No Nonsense Forex method.
Includes:
- ATR bands and labels
- Price is > 1 ATR away from baseline indication
Without ATR Bands and bar colors
Available MAs
"ALMA", "EMA", "DEMA", "TEMA", "WMA", "VWMA", "SMA", "SMMA", "HMA", "Kijun", "McGinley"
Dot indicator - Daily candle opened above the daily EMA baseline
//@version=3
//Written by David Carruthers
//Objective
//This is to support scanning the market to check if the daily candle opened above the daily EMA baseline for a selected pair
//This can be done in some measure by using trading view's screening tools
//However it would be useful, if someone references a pair, to instantly see if that pair opened above the daily baseline regardless of what resolution you are in
//This script, works out a green dot if the pairs daily candle opened above the daily EMA baseline, and a red dot if it didn't
//It then displays a green or red dot on the open for the last candle you are looking at regardless of resolution
//This saves jumping back and forth between the daily resolution and current resolution
Note please excuse my Pine scripting I am new to it :-)