I did a modification and added a market filter and changed to buy only. It showed a remarkable good result by doing so. It make sense, since upptrends and downtrends behave different and a strategy that includes both buying and selling will do poorly in general.
We will call this the moving average triple cross or tri-cross. Why do we only want look at one type of crossing? There might be crosses occurring between the fast & slow averages or possible the medium and slow or medium and fast as well as the normal crosses you are all used too. This basically allows you to look at all the different signals that might be good...
This is modified version of super trend that can be smoothed with a specific EMA period. You also have an additional simple ATR reading and a couple other tools helpful for day trading.
Hello traders Hope you're all doing well This script is a generic cloud generator using a pre-selected set of moving averages (I probably forgot a lot but listed all the ones I used at least once). A cloud is a visual representation of the gap between two moving averages - it shows right away how big in that gap (=how far they are from each other) The challenge...
This is a type of mean reversion strategy. It only generates long signals when the price is far away from the mean. It tries buy from the dip. Use it with BTC/USDT pair on 4 hour timeframe.
I translated a scalping system by Navin Prithyani into pine and want to share it with you. Navin has a lot of resources for the system online including an extensive +60m video explaining the ins and outs. Including links is against the house rules, so you'll have to DYOR. Quick Criteria Overview: --- - Can see through EMAs - Entry above the signal candle - Stop...
Hilo Activator indicator in stairs shape
Quick script made by reusing some functions written for other projects. This is a variation on the least squares moving average, but with custom weights on the linear regression. This gives higher weights to recent values and values with high volume. Behaves very similarly to my volume weighted Hull moving average, especially with the hull smoothing option turned on.
Hello traders Earlier this week I discovered a new built-in variable called syminfo.type What is it for? This variable returns the type of the current symbol. Possible values are cfd, stock, futures, indices, forex, crypto, fund. Cool bro but... should we care? Well... we all should. Imagine you have a generic script and you want a different...
This is a recreation of the chart from "Bitcoin Investor Tool: 2-Year MA Multiplier" at lookintobitcoin by Philip Swift. It gives an idea of BTC swings on a 2 year period with the highs being marked by 5x the 2 year SMA. This could be useful on other alts like LTC and Eth. Source: //@version=3 // based on Bitcoin Investor Tool: 2-Year MA Multiplier //...
This is a very easy script to build. Indicators like this can be very nice to use to spot trends. I just wanted to share it if someone to trade with it or wants to build on it further. The oscillator is my TRIX script:
Indicator Tabajara from the brazilian trader André Machado. Simple version with moving averages SMA 20 and SMA 200. If fast moving average (20) is ascending, positive candles will receive green color. Descending fast moving average (20) makes negative candles receive red color. In other cases the candles will be gray (positive) and black (negative). The slow...
Hello traders Continuing deeper and stronger with the screeners serie. I keep getting requests private messages and requests saying that screeners aren't possible with TradingView. My answer is always... "Reallyyy ??" (I never find a better answer than that...) I'll publish a few screeners just for everyone to understand what can be done with Pinescript. We...
I calculated MACD backward and wrote it on the main chart. The signal line on the upper leg looks good MACDを逆算してメインチャートに書いてみました。 上位足のシグナルラインが良い感じですね
This script detects an event created by Oliver Velez is called Bull / Bear 180, in the following images the event is detailed: - The size of the control bar can be set compared to a number of previous bars - The minimum % of the control bar body can be set - You can filter by trend - Possibility of seeing fast and slow media with direction detection and...
Multiple Moving Averages (Simple/SMA & Exponential/EMA) in one indicator Support for a fixed time frame for the MAs MAs default period length are key ones, provided by experienced traders in crypto, greetings to xpressive Live update or Non-repainting modes support: with the non-repainting mode the previous candle's close is considered instead of...
This script applies the average of each major MA (SMA, RMA, EMA, WVMA, WMA) to the MACD formula. The logic is simple. When all 5 MA's are in agreement in direction, then then script will notify users of change. I posted this as a strategy to help show how logic does in back test. If you use my simple yet effective solution to find take profit locations, you can...