This is a forex scalping strategy designed for the most liquid pairs, like major forex pairs. Its made of 1 EMA 50 1 EMA 100 Stochastic RSI MACD Rules For long :close of the candle is above moving average 50, moving average 50> moving average 100, macd histogram is positive and cross over of stochastic rsi with the oversold level. For short :close of the...
A little FREE script - which may help people set their trade size and stop levels for bitcoin trades. NOTE :- This script conveys information that requires "indicator arguments" to be turned on. TO USE :- To adjust to your requirements, click the cog wheel next to the indicator, and adjust "POT SIZE" (how much dollar you have), "RISK %" (the percentage of...
Simple idea from an article I read online I decided to code: Take EMA's for periods based on the fibonacci sequence - 3, 5, 8, 13, 21, 34, 55 etc. and average them into one MA - the result is the Fibonacci MA (FMA) Therefore - note the FMA does not use Length - but Range/Interval of how many steps of the Fibonacci Sequence to include. Seems to be good for...
This Indicator Name is Hilega Milega, and the original Idea given by Nitish Kumar, I just coded it and add some signals for backtesting. it works on RSI + WMA and EMA plotted. Default Values Used : RSI = 9 WMA = 21 EMA = 3 But i added some extra, now everyone can change the Type of WMA and EMA, also SMA for trend confirmation, How it works ?? Buy : When RSI...
Added Exponential Smoothing to The Original Built-in VWAP Calculation. Best used with original VWAP indicator to identify trend reversal. - VWAP CrossUp EMVWAP identify bullish reversal - VWAP CrossDown EMVWAP identify bearish reversal All inputs are the same as the original VWAP with one addition. Average Length: Identify the the number of historic bar to...
Scope: Up to 3 MA's can be applied at the users discretion Choose between 10 different average types including favorites from the Bjorgum series from HEMA to Reversal T3's Each MA can be independently set Go Multi-timeframe! Any MA can be set to any timeframe of reference you choose (ex. using 3 different timeframes of...
Level: 1 Background Joe Sharp propsed a "More Responsive Moving Averages (MMA)" in Jan, 2000. He describes a modified moving average that greatly diminishes the lag that is typically associated with moving averages. With the formula described in the article, the moving average line is more responsive to changes in the price action. Function An MMA indicator...
This is the strategy version of the original 'Simple Buy/Sell Indicator' by @Shizaru . The original indicator description explains the logic behind the strategy: "The original script was posted on ProRealCode by user Doctrading. This little and simple code allows you to draw an indicator, which show you when buy or sell conditions are met. For "buy" conditions,...
Scalp Pro is a scalping tool that uses the MACD mechanism. MACD lines are smoothed using fibonacci numbers and pi numbers. In this way, the noise on the signal is reduced. A " BUY " signal is generated when the lines cross upwards. If the lines cross down, a " SELL " signal is generated. The logic is very simple and the Indicator is very useful. I wish you...
Are we in a bull or a bear market? From the technical analysis point of view, the answer is "It depends". It depends from the parameters of your indicator, the timeframe of the pair you are looking and the volatility of that specific market you are looking to. After I experimented with various trending indicators I decided to develop a framework that potentially...
Hello to All, introducing Multi Types Crossover strategy, simply the best way of trading with Crossover and Crossunder Strategy, How it Works??? I added 5 types of Moving Averages, 1: Simple Moving Average ( SMA ) 2: Exponential Moving Average ( EMA ) 3: Weighted Moving Average ( WMA ) 4: Volume Weighted Moving Average ( VWMA ) 5: Relative Moving Average...
English: The indicator is divided into 3 equal parts by taking the average of the incoming volume data. Those that reach the top are volume buying and selling, the middle section is normal buying and selling, and the bottom section is non-volume buying and selling. I set the average reception length to 90 bars, so I aimed to prevent excessive regional...
Based on Smooth First Derivative Indicator by tbiktag Volatility also from another public TV script, forgot which one though, sorry if this is yours and I haven't credited your work, let me know if it is and I'll reference it properly. About this indicator: Estimates whether market is trending up, down or sideways by adding the slope (first derivatives) of a...
This indicator is a combination of different types of moving averages where you can select which kind of moving average you want according to your need. It consists of 10 moving averages none of which is fixed by default, you can change the properties of any MA according to your will. I hope you all will like it.
To understand this strategy first we need to look into the Modulo (%) operator. The modulo returns the remainder numerator of a division's quotient (the result). If we do 5 / 3, we get 1 and 2/3 as a result, where the remainder is 2 (two thirds, in this case). This can be used for many things, for example to determine when a number divides evenly into another...
Show daily EMAs on lower time frames, this helps noticing possible resistances and support on lower time frames
Level: 2 Background Invented by Patrick Lafferty in 1999, a Sine Weighted Moving Average (SWMA) takes its weighting from the first half of a Sine wave cycle and accordingly, the most weighting is given to the data in the middle of the data set. It is therefore very similar to the Triangular Moving Average. Function A sine weighted moving average (Sine-MA)...
1 - Apply the 3 period Money Flow Index indicator to the 5 minute chart, using 0 and 100 as our oversold and overbought boundaries 2 - Wait for the MFI to reach overbought levels, that indicates the presence of "big sharks" in the market. Price needs to hold up the first two MFI overbought occurrences of the day to be considered as a bullish entry signal.* 3 - We...