Precise_SignalThis signal combines a portion of Chris Moody's 2014 SlingShot and my 2017 MTF Indicators. Both of our prior scripts over indicated Buy and Sell Points. This signal indicates a buy or sell point much less than our prior scripts did but with absolute precision.
I would say it is 100% accurate, but that is because I am yet to find a timeframe and symbol where the Buy signal failed to see the equity move up or the Sell signal failed to see the equity move down over the next 5 bars. I have tested 2000 charts so far. To be safe, I would rather state this indicator is accurate nearly 100% of the time.
The indicator is made up of 2 main portions and both of them have to agree on a buy or sell in order to indicate such with a vertical green or maroon bar beneath the chart. If there is a failure to agree, nothing is signaled.
Indicator 1 combines a stochastic of a 3 hour chart and a daily chart to determine when the stochastics are in agreement on direction. When there is agreement, both of them MUST cross from a buy state to a sell state and vice versa at exactly the same time. This is difficult to achieve and it is already rare for this occurrence to produce a signal. When a signal is produce it is combine with Chris Moody's 2014 SlingShot Indicator which conservatively determines Buy and Sell signals based on EMAs and market direction. Signals from his SlingShot are infrequent.
BUY Signal
When my MTF signals Buy at the same time that the SlingShot signals a Buy, a vertical green bar will appear in the window containing this script. The vertical bar is based on the close price of the equity and is only final when the close price is final. A BUY signal means the equity will move up potentially as early as the next bar and achieve a higher value from the close price on the signal bar.
SELL Signal
Likewise, a sell signal from the MTF at the same time as a sell signal from the SlingShot will create a maroon bar in the window containing this script. The vertical bar is based on the close price of the equity and is only final when the close price is final. A SELL signal means the equity will move down potentially as early as the next bar and achieve a lower value from the close price on the signal bar.
The default values for this script are hard-coded into this script. You can edit any of the value you would like to play with other timeframes, stochastic, and moving average lengths.
I have played with these values and have hard-coded the ones that are most accurate. Please let me know if you find others that work.
Hopefully this becomes an extra tool in your technical trading toolkit.
Signals
OH2B Take Profit IndicatorOH2B Trading Indicator
The Take-Profit Indicator gives you exit points for taking profits based on the Average Directional Index and Relative Strength Index.
It also gives you possible swing-high and swing-low in a trend .
The OH2B Trading Indicator is an indicator that gives you entry points for BUY and SELL based on Trend Channel and Ema-Crossover.
Both indicators work better in tandem with the best result.
Trading with Both Indicators
Orange Zone : Wait for the next signal from OH2B Trading Indicator.
The OH2B Trading Indicator gives you entry points for BUY or SELL .
When the ema1 crosses above ema2, the trend channel will be painted GREEN in color, and a BUY signal will appear. = BUY
When the ema1 crosses below ema2, the trend channel will be painted RED in color, and a SELL signal will appear. = SELL
When a BUY or SELL signal appears on the chart, don't rush into any trade.
Please allow a few hours for confirmation of signals .
To take profit, please follow the Take-Profit Indicator at the bottom.
RED dots are the Take-Profit targets for the BUY (long) signal
GREEN dots are the Take-Profit targets for the SELL (short) signal
*After taking profit, please set a Stoploss to at least break-even level to protect your profits.
When the price enters the Orange Zone again, you may close your trade and wait for the next signal.
If you like to keep your positions at Orange Zone, please remember to set a stop-loss alert when an opposite signal pops up on the chart.
Often the price goes to the Trendline after the signal, so keep some funds to increase the position or even open all position near the Trendline , or use it for re-enter with SL after you closed position on TPs.
OH2B Trading Indicator for Swing TradingOH2B Trading Indicator
The OH2B Trading Indicator is an indicator built for advanced traders.
It gives you entry points for BUY and SELL based on Trend Channel and Ema-Crossover.
It offers you a higher frequency of signals for swing trading.
The Take-Profit Indicator gives you exit points for taking profits based on the Average Directional Index and Relative Strength Index.
Trading with Both Indicators
Orange Zone : Wait for the next signal from OH2B Trading Indicator.
The OH2B Trading Indicator gives you entry points for BUY or SELL .
When the ema1 crosses above ema2, the trend channel will be painted GREEN in color, and a BUY signal will appear. = BUY
When the ema1 crosses below ema2, the trend channel will be painted RED in color, and a SELL signal will appear. = SELL
When a BUY or SELL signal appears on the chart, don't rush into any trade.
Please allow a few hours for confirmation of signals .
To take profit, please follow the Take-Profit Indicator at the bottom.
RED dots are the Take-Profit targets for the BUY (long) signal
GREEN dots are the Take-Profit targets for the SELL (short) signal
*After taking profit, please set a Stoploss to at least break-even level to protect your profits.
When the price enters the Orange Zone again, you may close your trade and wait for the next signal.
If you like to keep your positions at Orange Zone, please remember to set a stop-loss alert when an opposite signal pops up on the chart.
Often the price goes to the Trendline after the signal, so keep some funds to increase the position or even open all position near the Trendline , or use it for re-enter with SL after you closed position on TPs.
Tips for the traders:
Recommended using the indicators at 1H Timeframe .
Recommended using the indicators for Spot Trading at both Crypto and Stock Market.
Do not use leverage above 5x.
No more than 5% of the deposit in one trade.
Try to enter/exit a position by limit orders.
Do not rush into any trade when a new signal pops up, please allow a few hours for confirmation of signals.
OH2B Trading Indicator for Long-Term TradingOH2B Trading Indicator
The OH2B Trading Indicator is an indicator built for beginners.
It gives you entry points for BUY and SELL based on Trend Channel and Ema-Crossover.
The Take-Profit Indicator gives you exit points for taking profits based on the Average Directional Index and Relative Strength Index.
Trading with Both Indicators
Orange Zone : Wait for the next signal from OH2B Trading Indicator.
The OH2B Trading Indicator gives you entry points for BUY or SELL .
When the ema1 crosses above ema2, the trend channel will be painted GREEN in color, and a BUY signal will appear. = BUY
When the ema1 crosses below ema2, the trend channel will be painted RED in color, and a SELL signal will appear. = SELL
When a BUY or SELL signal appears on the chart, don't rush into any trade.
Please allow a few hours for confirmation of signals .
To take profit, please follow the Take-Profit Indicator at the bottom.
RED dots are the Take-Profit targets for the BUY (long) signal
GREEN dots are the Take-Profit targets for the SELL (short) signal
*After taking profit, please set a Stoploss to at least break-even level to protect your profits.
When the price enters the Orange Zone again, you may close your trade and wait for the next signal.
If you like to keep your positions at Orange Zone, please remember to set a stop-loss alert when an opposite signal pops up on the chart.
Often the price goes to the Trendline after the signal, so keep some funds to increase the position or even open all position near the Trendline , or use it for re-enter with SL after you closed position on TPs.
Tips for the beginners:
Recommended using the indicators at 4H Timeframe .
Recommended using the indicators for Spot Trading at both Crypto and Stock Market.
Do not use leverage above 5x.
No more than 5% of the deposit in one trade.
Try to enter/exit a position by limit orders.
Do not rush into any trade when a new signal pops up, please allow a few hours for confirmation of signals.
alGROWithm Premium - Strategy TesterThe alGROWithm Strategy Tester is a supplement to the original alGROWithm indicator.
Use this strategy to do your own back testing and find the best settings that work for your asset of choice.
█ WHY THIS IS IMPORTANT
Different assets require different settings for optimal results. This strategy script will allow you back test different settings for alGROWithm in order to analyze key metrics such as win rate and P/L. TradingView functionality also enables you to view a high level performance summary and even see every single individual trade made by the algo.
█ BEST PRACTICES
Depending on the asset you are testing, it is very important to update the settings as needed. For example, if you are back testing on US30, you will likely need to increase the starting capital. For other assets, you may also need to change the order size to use the Contracts option.
It is important to decide for yourself which back testing parameter you will weigh more heavily in terms of importance. For example, a day trader may want to use a setting that maximizes win rate rather than profit % since we are humans and not computers. Further, it is highly recommended to utilize all of the rich features that TradingView provides with regards to back testing. For example, using the List of Trades tab, go back to find a failed trade and analyze the trade to see if you actually would have taken it in the moment.
After finding the best sensitivity for your asset, it is important to set that sensitivity value on the non-strategy version of alGROWithm for usage. Changing settings on this version will not carry over to the non-strategy version.
█ DEFAULT SETTINGS
We have set the following default settings on the strategy:
Starting capital: $100k
Order size: 30% of equity
Sell 1/5 of position every Take Profit level
Ichimoku Kinko Hyo SignalsIchimoku Kinko Hyo Signals
This script show signals based on my understanding in Ichimoku Kinko Hyo.
/!\ Please do not follow signals blindly and always make your own analysis /!\
Buy : Han Ne lines are up, price is up, and also stochastic (K=30, D=10) is up
Strong Buy : Is a Sanyaku Kouten and can show a potential reverse in current tendance and Buy Signal conditions
Sell : Han Ne lines are down, price is down, and also stochastic (K=30, D=10) is down
Strong Sell : Is a Sanyaku Gyakuten and can show a potential reverse in current tendance and Sell Signal conditions
Exit : Show a potential time to take profit based on previous Sell, Strong Sell, Buy, or Strong Buy signal
COTBase iCOT (Signals)COTBase iCOT indicator is based on reverse-engineering the Commitments of Traders data and creating a proprietary algo, which mimics real COT data on any time-frame and chart type.
We advise to use it mainly on time-based charts, on smaller than 4 hr per bar time-frames. A multi-time-frame analysis is recommended where the smaller time-frame signals are confirmed by the higher time-frames.
This indicator is the Signal part of the COTBase iCOT package. Please apply it to the price chart to see the yellow markers (Commercials extremes), blue bars (Speculators extremes) and 3-fold confluences (green and black background stripes).
Features:
Versatile
You can use the COTBase iCOT indicator on any chart type (eg. candlesticks , bar charts, renko, range bars, etc.) and time-frames (eg. 1-min, 5-min , 1-hr, 4-hr, etc.).
Proprietary algo
We used AI and various other methods to create a truly unique indicator that - we believe - descibes market forces the most efficient way.
We have found that this is possibly the closest we could get to a realistic estimation of the fundamental forces driving the market.
Data does not come from CFTC
The COTBase iCOT indicator does not source any of its data from the Commodity Futures Trading Commission.
Accurate signal logic
We mark "pseudo-Commercial" buy/sell setups with a yellow diamond below/above the price. We mark "pseudo-Speculator" buy/sell signals with blue bars.
The statistically best "3-fold confluence" setups are marked with green/red stripes (and/or other markers).
Key features:
Allow plotting pseudo-Commercials and Change, pseudo-Speculators and Change, Balance Line and Change.
Allow highlighting any of the above series if they cross above/below a user defined threshold
Allow configuring the strength and markings of "All Signal" confluences
Allow setting the logic for Change calculations and markings
Sound alerts
Compatibility:
Instruments: futures , cryptocurrencies, forex, stocks, CFDs, indices, options
Interval types: time and non-time-based, standard or custom
Chart styles: any
You can obtain this indicator by visiting the link below.
Open Close Cross Strategy R6.1 revised by yourmattieOriginal version: Open Close Cross Strategy R5 revised by JustUncle.
Change: script changed to a study script with custom alerts.
This revision is an open Public release, with just some minor changes. It is a revision of the Strategy "Open Close Cross Strategy R2" originally published by @JayRogers.
Revised by JustUncleL
Description :
Strategy based around Open-Close Moving Average Crossovers optionally from a higher time frame.
Read more about the indicator original script
Klik here
##USE AT YOUR OWN RISK##
Use this as overlayer on the original strategy to set custom alerts.
Info: with this study script no buy/sell arrows show up op the chart.
Does some know a solution for this issue:
Issue: sometimes it gives a false signal because even when you set "one per bar close" the custom set alert might come halfway the bar....and it might be a false signal when the bar is closed
Does somone know a fix for this? I tried with barstate.iscomfirmed but it didn't work for me.
Ps. I'm not a developer...just changed the scipt by watching a youtube tutorial.
(CoInS) Confluence of Indicators and Signals v2 skvConfluence of Indicators and Signals (CoInS) v2 skv
This time best of pivots and oscillators came to confluence to guide traders for better decision making to trade. Remember practice makes profit.
This script created for educational purpose for learners want to observe/study the indicators and its signals. Indicators HMA, SMA, Super Trend, MACD, BB, ADX/DMI/DMS, RSI, Elder Impulse and Pivots CPR, Camarilla, Floor, SQR are used in this script and the display of them controlled through the indicator settings. Values are tuned and can't be changed. Only the current day values will be displayed.
Observe the signals and reversal points at pivots or moving average lines. The bright green up triangles and bright orange down triangles indicates momentum, the faded triangles indicates the momentum is getting weak.
At start of the day, this script indicates whether today is trending or not trending for the scrip.
The SQR pivot points will move as per the trend and indicate the resistance and support level at that time. The color crosses informs that the change occurred throughout the day.
The signals generated by this study are not recommendation and use it on your own discretion after keenly observing each and every details.
Pivots
Pivot Boss CPR with width
Pivot Boss Camarilla
Pivot Boss Floor pivots
Simple and amazing SQR pivots
Displays signals from,
RSI signals
HMA signals
Super Trend
MACD (cross and histogram signals)
Elder Impulse
ADX/DMI/DMS and BB for Momentum
I'm thankful to trading view, various pine coders and authors contributing here and building wealth of knowledge.
*****Remember: Practice makes Profits*****
Disclaimer
1. Only for educational and learning purpose
2. For Intraday and scalping strategies and 5 and 15 min TF only
3. Do paper trade before using any information for actual trading
4. Not swing or positional trade
5. Use it on your own discretion and no one else responsible for the profit/loss except you
alGROWithm PremiumIntroducing the alGROWithm indicator!
Years of trading experience and endless hours of screen time has undeniably proven to me that the most fundamental rule of any market is: price moves from supply to supply and demand to demand. Specifically, this means that a breakout of a supply zone , the probability of it reaching the next supply zone before starting consolidate is very high. Similarly, a breakdown from previous demand zone will likely continue to the next demand zone . The identification method of these supply and demand channels is one of the features that sets this indicator apart from other available tools.
What separates alGROWithm from other available tools?
- Proprietary method for identifying supply & demand channels combined with a directional bias computation based on recent historical prices
- Only signaling precise entries based on supply & demand that maximize R/R
- Tracking open positions and displaying a trading plan directly on the chart immediately after signaling entry points
- Indicating precise exit levels to help you avoid exiting too early or trading by emotion
What are the features included in alGROWithm?
Trading Plan Lines : These are the Buy/Short/Take Profit/Exit lines plotted directly on the chart
Show Long Signals : These are the green "BUY" labels that appear on the chart when alGROWithm identifies a critical breakout to the next supply level
Show Short Signals : These are the red "SHORT" labels that appear on the chart when alGROWithm identifies a critical breakdown to the next demand level
Show Take Profit Signals : These are the purple "TP" labels that appear on the chart when alGROWithm identifies that the subsequent supply/ demand level has been hit
Show Exit/Stop Loss Signals : These are the purple "EXIT" labels that appear on the chart when alGROWithm identifies that the trade has run its course and it's time to exit
Show Dashboard : This is a dashboard that is displayed to the right of the latest candle, and contains the following information:
- Current Position : "Long", "Short", or "None"
- Next Profit Target : Only displays if there is an active Position
- Current Bias : alGROWithm computes a directional bias based on recent historical prices. Text will say "Long" or "Short"
- Long/Short Bias Until : alGROWithm's bias will change if this price is hit. Note that these are not BUY or SELL levels - this simply indicates whether things are looking up or down
- Enter Short/Long At : Only displays if Current Position = "None"
Note that you can enable/disable any of these chart overlays at anytime through the indicator settings.
The alGROWithm indicator works on any timeframe, any market, and standard OR Heikin Ashi candlesticks .
I have been working very hard on this indicator and I personally use it on a daily basis with options trading. I am so excited to share the wealth with you!
You can use the link below to visit our website and gain access to the script.
[fareid] Quick Backtest Framework█ OVERVIEW
This Framework allows Pine Coders to quickly code Study() based signal/strategy and validate its viability before proceed to code with more advance/complex customized rules for entry, exit, trailstop, risk management etc..
This is somewhat an upgraded version of my earlier personal template with different strategy used, cleaner code
and additional features.
█ USE CASES
- You have an idea for trade signal and need a quick way to verify its potential before writing lengthy/complicated code
- You found a study script for trading signal in public library and want to validate it profitability with minimum effort before including it in your trading playbook
█ FEATURES
- Alert: Ready to use alert function based on signals from your custom indicator.
- Visual Backtest: Auto-plot entry, stop-loss and take profit for simple strategy performance analysis
- Backtest Statistic: Provide basic key metrics based on backtest strategy
- BTE External Signal Protocol: Ready to use code that will supply required state to PineCoders Backtesting & Trading Engine if you wish to have more advance and sophisticated backtesting engine
Notes: All of the above features have On/Off toggle
█ Description & How To Use
This Framework consist of 5 Modules but you only need to edit the first 2 Modules:
Module1: Indicator
Module2: Framework Input Protocol
Module3: Alert
Module4: Backtest
Module5: Backtest & Trading Engine
Tips: The source-code includes collapsible block by module for easy navigating
Module1: Indicator:
-----------------------------------------------------------------------------------
Main Module. Place custom indicator input parameter/calculation/indicator plotting here
Sample Strategy: Double MACD Crossover
MACD Signal: 1st MACD Cross above signal line indicate Buy Signal
1st MACD Cross below signal line indicate Sell Signal
MACD Filter: 2nd MACD is above 0 line indicate Uptrend
2nd MACD is below 0 line indicate Downtrend
Module2: Framework Input Protocol:
-----------------------------------------------------------------------------------
Use this module to connect main indicator/signal calculated in Module1 to the rest of the framework's module
4 variables needed to be defined here:
1. Uptrend
2. Dntrend
3. BuySignal
4. SellSignal
i'm not sure how to place a code snippet here to show you example so in the source code i already put a comment in Module2 on which part u need to edit. I hope its pretty simple to use.
Module3: Alert Module Description:
-----------------------------------------------------------------------------------
As long as the variables in Module2 properly defined, the alert module is ready to use without any further modification.
Input:
Enable Alert --> Enable TV's alert and plot signal to chart
Alert Type --> Set to take Buy only, Sell only or Both alert
Module4: Backtest Module Description:
-----------------------------------------------------------------------------------
As long as the variables in Module2 properly defined, the backtest module is ready to use without any further modification.
Input:
Backtest Stat --> Enable Backtest Statistic Label
Backtest Visual --> Enable Backtest visual simulation
Backtest Type --> Set to take Buy only or Sell only or both
SL Type -->
ATR : Set SL in ATR times Multiplier below entry price
Fixed : Set SL in fixed point below entry point (in 'Dollar'). e.g. for Stocks -> 0.5 equals to 50cent while for EURUSD currency -> 0.005 equal to 50 pips
HiLo Bar: Set SL at highest/lowest wick of previous bar plus/minus Fixed point. e.g. EURUSD HiLo=3 and Fixed Point = 0.0005, buy trade will place SL 5 Pips below lowest of previous 3 bar
SL ATR Multi --> Set Lookback Period used for SL's ATR calculation
SL ATR Multi --> Set ATR Multiplier for SL
SL Fixed --> Set Fixed Level for SL
SL Bar --> Set Number of previous bar to check for SL placement
TP RR Ratio --> Set TP based on RR multiplier. e.g. 2 means TP level will be twice further from entry point compared to Entry-SL distance.
Notes: The point is for preliminary testing, so it only supports 1 trade at a time and no Trailing Stop
Module5: Backtest & Trading Engine Description:
-----------------------------------------------------------------------------------
As long as the variables in Module2 properly defined, the Pinecoders BTE module is ready to use without any further modification.
Input:
External Signal Protocol --> Set ESP State to send to "Backtesting & Trading Engine "
Signal With Filter --> Use this to send entry signal that already filtered by this study indicator (without stoploss level)
Signal Without Filter --> Use this to send raw entry signal that are NOT YET FILTERED by this study indicator (without stoploss level)
Signal and Stop With Filter --> Use this to send entry signal WITH StopLoss that already filtered by this study indicator (with stoploss level)
Signal and Stop Without Filter --> Use this to send raw entry signal WITH StopLoss that are NOT YET FILTERED by this study indicator (with stoploss level)
Notes: Backtesting & Trading Engine already have built-in Filter, Entries and Stop Level. e.g. Unselect all their filter state if only want to use custom filter and make sure send Signal with Filter (with or without SL level)
█ DISCLAIMER:
This framework main objective is to create my personal indicator template so that i just have to modify the indicator module for preliminary testing in future.
The sample strategy included are for educational purpose only. Use at your own risk
credit: LucF/PineCoders for a lot of his scripts that i use as a guide to complete this
Quansium Series A BacktestThis comes with preconfigured setups or strategies. Simply choose one from our list based on the timeframe it was made for. Leverage can be changed; to keep trading safe, a maximum of 2 is allowed. In our findings, this was able to trade crypto (specifically BTC ), MES (Micro E-mini S&P 500 Index Futures ), and stocks. It is important to know that setups A, B, C, and D use variable position sizing, and dynamic stop loss/trailing stop/take profit, these parameters are provided through the alerts. The rest of the strategies were created with a simpler approach in mind, just plainly entry/exits signals.
Quansium as a framework:
Price reformat: we take the price source (Open, Close, High, Low) and remove any noise that affects the accuracy of our signals.
Time awareness: we take several time periods of the data on the chart such as start, end, and whole. We use this to add more depth to our signals.
Position size: our backtest tries to recreate as much as the real world trades as possible so our position is determined by the current equity. We also use the volatility of the market to increase or decrease our exposure or risk.
Risk awareness: stop loss, take profit, trailing stop are the risk exits we use to provide our users some peace of mind. These parameters are totally dynamic and follow the same behavior of the market.
Signals filtering: to make almost non-existent any errors and increase the quality of our trades, our indicators go through multiple phases, this avoid double entries or early exits, and help maintain a record of what has transpired and what’s currently taking place.
Indicators: whenever we can we use custom code or our own functions instead of the defaults ones provided. This gives us total control of what we’re trying to achieve. In many cases we tend to combine several indicators’ logic into one creating a more personalized take on it.
Easiness: since we started our main goal has been to provide the easiest and fastest way to alerts’ creation. It has taken us years to reach this level where now we already provide a list of preset strategies so the user doesn’t have to spend much time tinkering with scripts and more on other matters, because we know life is more than just trading.
Raw signals: we provide the option to turn off as much of our advanced features such as stop loss, take profit, trailing stop, dynamic sizing, etc, etc for a simple approach. Trade signals still go through the signals filtering method mentioned above,
Timeframe pairing: we take trading very seriously, by no way we’ll want the user to lose money (although such thing is expected because past results aren’t an indicative of futures ones), through years of experience we have found what are usually common mistakes the user makes, this feature allows us to only activate the strategy if the right timeframe is chosen.
Trend filters: through the years we have improved the arts of the trend. We like to keep things simple but yet powerful. We observe the macro and micro trend of the security. This helps confirm we are entering at the desirable timing. We also incorporate volume and volatility into decision making, we simply programmed it to trade when these are increasing and higher than the average values observed in both the short and long term. Finally we take into account the strength of the pair to make our final choice of whether to enter or wait, and if anything flashes contrary movement then we cancel the upcoming signal and stop monitoring until the next one comes along.
Full automated risk: stop loss, take profit, and trailing stops usually are set in percentages, and optimized even more using the current market behavior to become more adaptive. But always remains some sort of fixation, so the user must choose a value somewhere. This is where our framework shines the most, as previously mentioned before when we take time into our calculations, we use several periods to observe performance and get values that keep our risk exits natural and closest to the flow of the market itself.
Setups:
A: Centered oscillator with the difference of several moving averages with more sensitive settings. Momentum focused.
B: Centered oscillator using simple moving averages. Trend-Following focused.
C: Centered oscillator using smoothed data with the help of faster moving averages. Trend-Following focused.
D: Centered oscillator with the difference of several moving averages with less sensitive settings. Trend-Following focused.
E: Centered oscillator with the difference of moving averages where the standard deviation is applied first. It uses less sensitive settings. Trend-Following focused.
F: Finds the relationship between multiple readings of the price’s relative strength to better pin-point downs and ups. Trend-Following focused.
G: Centered oscillator with the difference of moving averages where the standard deviation is applied first. It uses more sensitive settings. Momentum focused.
H: Multiple centered oscillators using various moving averages. Trend-Following focused.
I: Centered oscillator using simple moving averages. Momentum focused.
Note: The framework is composed of almost 1000 lines of code as compared to each indicator that makes up the setup which is around 10. The power from Quansium doesn't come from the strategies themselves but rather the overall system that turns simple signals into complex and advanced trades.
Strategy Tester:
Initial Capital: chosen value is $20,000, as an approximate to Bitcoin’s ATH (All-Time High). In previous iterations we noticed some trades won’t go through if the capital was less than the ATH.
Order Size: 100% of equity (although the script controls this, and this is of no regards to the results).
Pyramiding: 1, system doesn’t place multiple entries in a row, only one at a time.
Commission: This simulates order execution with custom trading fees. Commissions are turned off by default because this script works in various markets and each operates differently. In order to reach results that are close to real world conditions, it is imperative the user fills this based upon their broker or exchange data.
When we started, we were focused on finding the best indicator, or creating it ourselves. After years we came to realize that the secret is not in which indicator you use but the framework behind it. All strategies have bad, good, best, worst performance periods. The key of a good system is to help keep you safe when it’s down and maximize your potential when it’s up. We hope this material at the very minimum inspires you to keep going and not lose faith, because it is not the smartest who win but those who persevere.
MACD With Trend Filter: Visual Backtest Module TemplateSample Strategy: MACD Crossover with trend filter options
MA Filter : Price Close Above MA, Search for Buy, Price Close Below MA, Search for Sell
ADX Filter : Take trade only when ADX is above certain treshold
MACD Signal : MACD Cross above signal line while under 0 line indicate Buy Signal
MACD Cross below signal line while above 0 line indicate Sell Signal
-----------------------------
Using Alert Module:
Enable Alert --> Enable TV's alert and plot signal to chart
Alert Type --> Set to take Buy only, Sell only or Both alert
----------------------------
Using Backtest Module:
Enable Backtest --> Enable Backtest simulation
Backtest Type --> Set to take Buy only, Sell only or Both
SL Type -->
ATR : Set SL in ATR times Multiplier below/above entry price
Fixed : Set SL in fixed point below entry point (in 'Dollar'). e.g. for Stocks -> 0.5 equals to 50cent while for EURUSD currency -> 0.005 equal to 50 pips
HiLo Bar : Set SL at highest/lowest wick of previous bar plus/minus Fixed point. e.g. EURUSD HiLo=3 and Fixed Point = 0.0005, buy trade will place SL 5 Pips below lowest of previous 3 bar
SL ATR Period --> Set Lookback Period used for SL's ATR calculation
SL ATR Multi --> Set ATR Multiplier for SL
SL Fixed --> Set Fixed Level for SL (Use when SL Type is either Fixed or HiLo Bar)
SL Bar --> Set Number of previous bar to check for SL placement
TP RR Ratio --> Set TP based on RR multiplier. e.g. 2 means TP level will be twice further from entry point compared to Entry-SL distance.
Notes: The point is for preliminary testing, so it only supports 1 trade at a time and no Trailing Stop
----------------------------
Disclaimer:
This script main objective is to create my personal indicator template so that i just have to modify the indicator module for preliminary testing in future.
Testing Alert Module so i can re-use it as template in future study/indicator
Testing Visual Backtest Module so i can re-use it as template in future study/indicator
i believe using Strategy function is a better approach for this but the entry/exit level seems to be hit n miss (at least for me, still trying to figure what i did wrong)
also, i rather code the strategy in other platform where i can use the more accurate tick data if i want to validate backtest statistics.
My study scripts was built only to test/visualize an idea to see its viability and if it can be used to optimize existing strategy.
credit: ADX code are originally from "ADX and DI" by @BeikabuOyaji although i re-wrote so i can have cleaner read and use RMA instead of SMA
Trend Trader Buy/Sell SignalsTrend Trader
The code is open source, what it uses to print signals is MACD cross and ADX. Bar colors change in relation to where price is according to the 50 day MA. The MA ribbon is used for visualizing trend and using it for dynamic support/resistance. The ribbon is comprised of the 50 day and 100 day MAs.
Main reason to publish this script is because some like to jumble up scripts together slap some moving averages on it to "follow trend" and then label it an algorithm, market it and sell it to people online. No single system will work 100% of the time, do you due diligence in anything you are interested in buying. Plenty of free scripts in the TV library that can do you justice when trading.
Excellent ADXThe Average Directional movement indeX (ADX) is an indicator that helps you determine the trend direction, pivot points, and much more else! But it looks not so easy as other famous indicators. It seems strange or even terrible, but don't be afraid. Let's understand how it works and get its power into your analysis tactics.
In the beginning, imagine a drunk man goes through a ladder: step by step. Up, up, down, up, down, down, up...
How can we understand which direction he goes? Exactly! We can count the number of steps in each direction. In the above example, in the upward – 4, in the downward – 3. So, it looks like he goes in an upward direction.
The ADX indicator counts the same steps, but for price. The size of each step equals 1 ATR for "DI Length" candles. On the indicator chart, we have the green and red lines. The green line represents a number of steps upward. The red line shows one downward. When the red line upper green, then the price goes below, then the trend is directed down. Later the green line comes above the red one, and then the trend changes the direction to upward. Wow? After that, you can easy detect the trend direction on the market!
But it is still not the end. On the chart, we also have the fat blue line. This is the ADX line, and it represents the power of the trend. It is calculated from a distance between the green and red curves. The ADX line value grows if the distance is increased. If the movement is really powerful, then a number of steps into a direction much more prominent than one in an opposed direction. Then the blue line grows faster. But if the growth has stopped and the blue line turns back or already had changed self-direction, then it is a signal that the trend has ended too. It's an excellent sign to close the position (but not always). Easy? Not quite. Thresholds help you there. The indicator has two additional parameters: upper and lower thresholds to evaluate the trend-over signal strength. An u-turn of the ADX line above the upper threshold sends a strong signal. If one occurs between both thresholds, it is a bit weak signal. But if the blue line goes below the lower threshold, it looks like there is no trend, and the price goes side. We can also say that the price goes side when the ADX value gradually falls down.
The Excellent ADX indicator helps you catch pivot/pullback signals based on green, red, and blue lines. Each such signal is highlighted as a green (buy) or red (sell) dot on the plot. The size of the dot represents the strength of the signal. You can also check the position of green and red lines from each other to determine the trend direction and the place where it has been changed. The Excellent ADX indicator helps you there too. It highlights the trend direction by the background-color, so you'll never miss it! The Excellent ADX good compliance with the Price Channel indicator built for the same length. You can use them together to be on a trend wave always!
[TrustedSignals] Doji ScalperTrustedSignals Dojji Scalper is our most basic trading algorithm. It is based on Candle Patterns that show potential market reversal points.
The script has 3 different types of signals, which can be individually turned on and off:
- Doji signals, based entirely on the Doji candle pattern and 2 Strong and Weak candle reversal patters
As a bonus, we have included RSI based Support and Resistance bands that, if used correctly can further confirm all the entry signals
All chart signals can be set up as live alerts!
[TrustedSignals] Oscillator DivergencesDivergences are powerful tools that assess the price momentum and the likelihood of a price reversal. A positive divergence occurs when the price of an asset makes a new low while an oscillator, starts to climb. Conversely, a negative divergence is when the price makes a new high but the oscillator analyzed makes a lower high.
Once again, with the idea of providing an All-in-One indicator, this script can display the Divergences in up to 9 most used oscillators (RSI, Stochastic RSI, Stochastic, Williams%, MFI, ChangeMO, CCI, BB %B) including our own branded no-lag ‘ TS Oscillator ’
We have also included an optional custom no-lag smoothing function, that allows the user to smooth out the noise on all the oscillators and increase their accuracy, without delaying the actual data. This feature can be turned off if necessary and the smoothing length can be manually adjusted.
After the user selects from the first input the desired oscillator, the indicator can display Regular and Hidden Divergences on the chart.
The lookback period of the divergences is also fully configurable, as the settings for each of our individual oscillators.
TrustedSignals™TrustedSignals Indicator includes standard Buy and Sell signals on the chart, Support & Resistance lines, Auto-Trendlines, AutoFibs and an All-in-One Market Dashboard.
(All these signals can be set up as Live Alerts directly in Tradingview)
The 2 main Input options for this algorithm are ' Reactivity ' and ' Depth '. By default, the indicator is added to your chart with the best settings we've found so far.
-The ' Reactivity ' controls how quickly the algorithm reacts to trend changes. The higher the reactivity, the fewer trades on the chart. If the Reactivity input is low, the algorithm will react more quickly, and show more frequent trades.
-The ' Depth ' controls the position of the signals relative to the trend swing. A lower Depth will allow for more frequent and earlier entries, while a higher Depth will give slower entries.
Our third (secondary) input is ' Trend Length ' (the Lookback of the ' Current Trend ' indicator). TrustedSignals™ is coloring the candles based on the current trend direction. The blue color shows an uptrend, while the red color shows a downtrend. Buy and Sell signals alerted while the current trend is showing pink (Sideways Market) should be taken carefully, as the market direction is not decided.
Since we believe in the idea of an ' All-in-One ' Indicator, we have included 3 more extremely useful and powerful trading tools.
-The first optional feature is the ' Support and Resistance ' lines. This feature can be activated to draw the key levels of Support and Resistance, easing your decision making and reinforcing the entry signals. Those levels can also be used as Stop Loss or Take Profit
-The second optional feature is the ' Auto-Trendlines '. This part of our amazing indicator automatically draws Trendlines based on the Lookback period the user inputs.
-The last and most important optional feature is the ' AutoFibs '. TrustedSignals™ will automatically draw Fibonacci Retracement levels from trend swing key points. (the lookback length can be adjusted by the user)
- Market Dashboard -
Within one simple panel on your chart, our Dashboard displays the most relevant data from all of our features in real-time.
Current Trend
(The bar color) is an indicator based on Murrey Math's lines. These lines are based on the idea that according to Gann, price moves in 1/8's that act as points of support and resistance. Given this 1/8 characteristic of price action, we assigned properties to each of the lines in a given octave, obtaining a perfect Trend Indicator shown by the candle color, ranging from red to orange to blue.
Market Sentiment
Market Sentiment is a zero lag, 'noise-free', custom improved version of the old 'Relative Strength Indicator ( RSI )' It measures trend velocity and momentum, while it charts the current and historical strength or weakness of the market. It is a much more accurate and vastly superior than the usual RSI.
Trusted Sginals Oscillator
TS Oscillator is our own branded indicator used to measure market momentum and determines whether bullish or bearish trend dominates the market. It measures the market momentum, with the aim to detect potential trend direction. Helping you to identify if the price is high or low in comparison to the recent price behavior.
Outputs: "Strong Bearish ", "Weak Bearish", "Strong Bullish ", "Weak Bullish"
Higher Timeframe Trend is a trend indicator based on our own non-repainting calculation of higher timeframe trend. It is based on a custom method that builds synthetic support and resistance lines from higher time, without repainting, while keeping the output extremely accurate.
Use the link below to obtain access to this indicator
Bollinger Band Crossover SignalI'm a little surprised I couldn't find a BB crossover script on here since I've always used it on other charting software. So of course I had to write one in for TradingView.
Essentially what this script signifies are price breakouts when price crosses over the upper BB band. So what it shows is that market conditions are entering overbought territory.
Length is set to 20 and Standard Deviation is set to 2. These are the default settings.
The way I use the script is to identify breakouts in price, as well as a signal to start scaling out of a position if I am already in one.
Confluence of Indicators and Signals v1 skvWhy this script
This script will display the buy or sell signals received from indicators, super trend, adx, rsi, macd, sma, and floor pivots along with some tweaked calculations and fixed numbers. This is useful for beginners who want to study the signals and timing to practice. This script is created for educational purpose and can be used for intraday scalping with 5 minutes time frame only after the signals are understood clearly.
How to use
Strong Buy - when series of buy/long signals generated by indicators, bright green up arrow indicates momentum/strength
Strong Sell - when series of sell/short signals generated by indicators, bright orange down arrow indicates momentum/strength
Exits - use the pivot lines, or the RSI-LX, SX exit signals. Also combine with Bollinger Bands to understand the exit points.
Look for reversals at pivot resistance and support.
Disclaimer
1. Only for educational purpose
2. Intraday scalping strategies only and on 5 min timeframe
3. Do paper trade before using any information for actual trading
4. Not swing or positional trade
TradeChartist Plotter™TradeChartist Plotter is an extremely useful and adaptive indicator that connects to any oscillator to plot highs and lows, Divergences and also Bull and Bear Zones based on the Oscillator and user input to filter zones. When plotted as normal or Heikin Ashi price bars/candles, the divergences can be plotted on price bars and in addition ™TradeChartist MA Visualizer can be plotted and used to filter trade zones derived from the Oscillator connected.
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™𝗧𝗿𝗮𝗱𝗲𝗖𝗵𝗮𝗿𝘁𝗶𝘀𝘁 𝗣𝗹𝗼𝘁𝘁𝗲𝗿 𝗨𝘀𝗲𝗿 𝗠𝗮𝗻𝘂𝗮𝗹
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To connect an oscillator to ™TradeChartist Plotter, follow the steps below.
From the ╔═══ 𝗣𝗹𝘂𝗴 𝗢𝘀𝗰𝗶𝗹𝗹𝗮𝘁𝗼𝗿 ═══ 🔌 dropdown, choose the Oscillator plot which is active on the chart.
Choose the Oscillator Smoothing factor if smoothing is not available on the original oscillator plot by using the Osᴄɪʟʟᴀᴛᴏʀ Sᴍᴏᴏᴛʜɪɴɢ input box.
Enter Upper and Lower Bands for the Oscillator plot that helps detect Highs/Lows, Divergences, Trade Zones etc. by using the Uᴘᴘᴇʀ Bᴀɴᴅ and Lᴏᴡᴇʀ Bᴀɴᴅ input boxes. For example, for oscillators like RSI, bands can be 60/40 or 70/30 or even 50/50 to help filter highs/lows on Oscillator and the main price chart based on Oscillator values above Upper Band and Oscillator values below Lower Band.
Osᴄɪʟʟᴀᴛᴏʀ Bᴀsᴇ Lɪɴᴇ is required especially for Oscillators that don't have 0 as its base line. For example, RSI, Stochastic etc. oscillate between 0 and 100. For Oscillators like these, a base line value is really useful on ™TradeChartist Plotter especially to detect Divergences, Highs/Lows, Trade Zones and even to plot the Oscillator as a Histogram or Area plot.
Pʟᴏᴛ Bᴀsᴇ Lɪɴᴇ ᴀɴᴅ Bᴀɴᴅs plots base line and the bands if Oscillator plot is chosen.
There are three plot types under Pʟᴏᴛ Tʏᴘᴇ and they are
══ Plot Oscillator - This option plots the connected Oscillator
══ Plot Price Candles - This option plots price candles and if overlaid on main chart, Highs/Lows, Divergences etc can be visualized along with ™TradeChartist MA Visualizer if enabled.
══ Plot Price Bars - This option plots price bars and if overlaid on main chart, Highs/Lows, Divergences etc can be visualized along with ™TradeChartist MA Visualizer if enabled.
Pʟᴏᴛ HA Cᴀɴᴅʟᴇs/Bᴀʀs plots Heikin Ashi candles/bars. It doesn't affect the Oscillator plot or in anyway alter the Oscillator plot.
Pʟᴏᴛ Sᴛʏʟᴇ dropdown has three types of styles - Line, Histogram and Area plot styles for the Oscillator plot.
Pʟᴏᴛ Pʀɪᴄᴇ Hɪɢʜs ᴀɴᴅ Lᴏᴡs plots the price highs and price lows corresponding to the Bull and Bear zones of the Oscillator connected.
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╔═════════ 𝗠𝗔 𝗩𝗶𝘀𝘂𝗮𝗹𝗶𝘇𝗲𝗿 ═════════╗
MA Visualizer is a powerful and very useful original ™TradeChartist visual method to plot Moving Averages of the close price of the security for user specified look back period in a visually appealing style in the form of colour coded bands. MA Visualizer not only helps the trader spot the price action of the security relative to the moving average, but also paints a visual picture of the trend strength, which must be seen and used on chart to appreciate its elegance. One of 15 different types of Moving Averages can be used to visualize the price action.
Activate 𝗠𝗔 𝗩𝗶𝘀𝘂𝗮𝗹𝗶𝘇𝗲𝗿 and choose the MA type from MA Vɪsᴜᴀʟɪᴢᴇʀ Tʏᴘᴇ dropdown and entering the lookback period in MA Vɪsᴜᴀʟɪᴢᴇʀ ᴘᴇʀɪᴏᴅ input box.
MA Visualizer colour theme can be be changed from MA Vɪsᴜᴀʟɪᴢᴇʀ Cᴏʟᴏʀ Sᴄʜᴇᴍᴇ dropdown.
The faster of the two set of bands that form the MA Visualizer reacts to price action faster and can be clearly seen from its change of colour from Bull Colour to Bear Colour or vice-versa earlier than the slower set of bands. The fill colour between the bands also helps the user stay in a trade or exit a trade based on other confirmators.
Enabling Dᴀᴢᴢʟɪɴɢ Vɪsᴜᴀʟɪᴢᴇʀ makes the Visualizer dazzle. Uncheck this option for normal view of MA Visualizer.
𝐔𝐬𝐞 𝐌𝐀 𝐕𝐢𝐬𝐮𝐚𝐥𝐢𝐳𝐞𝐫 𝐚𝐬 𝐓𝐫𝐚𝐝𝐞 𝐅𝐢𝐥𝐭𝐞𝐫 filters the trade zones based on MA Visualizer's trend agreeing with the Oscillator trend. Fɪʟᴛᴇʀ Eᴀʀʟʏ Vɪsᴜᴀʟɪᴢᴇʀ Bʀᴇᴀᴋᴏᴜᴛs filters the trades based on faster MA Visualizer plot's trend.
Also, enabling Pʟᴏᴛᴛᴇʀ Bᴀᴄᴋɢʀᴏᴜɴᴅ Fɪʟʟ under 𝗨𝘀𝗲𝗳𝘂𝗹 𝗘𝘅𝘁𝗿𝗮𝘀 helps detect the trade zones with or without the MA Visualizer filter enabled.
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╔═══════ 𝗗𝗶𝘃𝗲𝗿𝗴𝗲𝗻𝗰𝗲𝘀 ═══════╗
Plotter detects both Regular and Hidden Bullish (in a Bear Zone) and Bearish Divergences (in a Bull Zone) at every occurence based on the Oscillator connected. This can be filtered by the use of filtering by Upper and Lower Band values in the Oscillator section. Divergences can also be plotted on price bars based on Pʟᴏᴛ Tʏᴘᴇ .
To plot divergences, enable 𝗗𝗶𝘃𝗲𝗿𝗴𝗲𝗻𝗰𝗲𝘀, Sʜᴏᴡ Rᴇɢᴜʟᴀʀ Dɪᴠᴇʀɢᴇɴᴄᴇs and Sʜᴏᴡ Hɪᴅᴅᴇɴ Dɪᴠᴇʀɢᴇɴᴄᴇs .
Users can further filter Divergences by entering the number of bars to the right in Rɪɢʜᴛ ʙᴀʀs ғᴏʀ Pɪᴠᴏᴛ Cᴏɴғɪʀᴍᴀᴛɪᴏɴ input box to confirm the Price Pivot (for Regular divergences) and Oscillator Pivot (for Hidden Divergences).
Note: Divergences can not be traded at every instance or as a standalone indicator. It just indicates a possibility of strength exhaustion and should not be trusted during a trending market. Higher smoothing (done sensibly) also filters divergences. Divergence can be a strong confirmator once a reversal is detected. For example, using MA Visualizer can help confirm a divergence and vice-versa to identify the trend changes. This means that the confirmations may happen after a few bars since the divergence in agreement with the MA Visualizers trend change.
The example chart of 4hr BTC-USDT chart shows the Divergences filtered by use of RSI 60/40 bands, MA Visualizer and Regression channel trends. It is important to note that the trend intensity colour on the plot and bars (if bar colour option is enabled) will help detect if the Divergence would hold.
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╔═══════ 𝗨𝘀𝗲𝗳𝘂𝗹 𝗘𝘅𝘁𝗿𝗮𝘀 ═══════╗
Pʟᴏᴛᴛᴇʀ Bᴀᴄᴋɢʀᴏᴜɴᴅ Fɪʟʟ - Plots background fill based on Bull and Bear Zones based on the Oscillator connected and the filters used.
Plotter offers two vibrant Colour Themes, namely Chilli and Flame , which can be opted from Pʟᴏᴛᴛᴇʀ Tʜᴇᴍᴇ dropdown. These themes also offer the option to plot the trend intensity on the price bars as bar colours by enabling Cᴏʟᴏᴜʀ Bᴀʀs . Bar colors can also be inverted using Iɴᴠᴇʀᴛ Bᴀʀ Cᴏʟᴏᴜʀ option.
Users can also choose to use the Simple theme and choose preferred colours from Sɪᴍᴘʟᴇ Tʜᴇᴍᴇ ʙᴜʟʟ Cᴏʟᴏᴜʀ and Sɪᴍᴘʟᴇ Tʜᴇᴍᴇ ʙᴇᴀʀ Cᴏʟᴏᴜʀ colour input.
Note : The indicator does not repaint and can be confidently used for alerts and trade entries without worrying about plots disappearing after bar close.
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Example Charts
1. EUR-USD 15m chart with 3 Plotters on chart, 1 with ™TradeChartist MDO , 1 on main chart and 1 HA Bar chart showing various ways of plotting highs/lows, divergences and Trade zones using 55 period LSMA MA Visualizer.
2. XAU-USD 15m chart with Chande Momentum Oscillator connector to Plotter with 200 period SMA Visualizer used as Trade Filter.
3. LINK-USDT 1hr chart with ™TradeChartist Risk Meter connected to Plotter with 144 period Hull MA Visualizer as Trade filter on Main chart with Divergences plotted based on Risk Meter Volatility Risk Oscillator.
4. Example 3 above with Plotter's Trend Identifier connected to ™TradeChartist Plug and Trade as Oscillatory Signal with Past performance and trades plotted.
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Best Practice: Test with different settings first using Paper Trades before trading with real money
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This is not a free to use indicator. Get in touch with me (PM me directly if you would like trial access to test the indicator)
Premium Scripts - Trial access and Information
Trial access offered on all Premium scripts.
PM me directly to request trial access to the scripts or for more information.
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ADOL_ BOT SYSTEM(ABS)English))
ADOL_ BOT SYSTEM(ABS) : : Entry, Stop Loss, Profit Loss (Liquidation), Breakthrough, Push/Rebound, Support/Resistance, Wave Assistance, Trend Line Assistance, Momentum (Intensity) Signals All indicators //
Concept tree)
Entry) Long is the entry of long, and the short is the entry of short. Start trading after the signal generation peak ~ the next peak. H is the standard for HH breakthrough long and L is for LL breakthrough shot.
Stop loss) The low/high point of the signal bar becomes the stop loss at the time of entry (consider continuous flow). If the wave suddenly breaks before you start doing a profit, a stop loss or a full cut is recommended.
Liquidation) L Blue is a recommended spot for long liquidation and S Blue is a short liquidation. Even if you trade according to the trend, it is recommended to liquidate in installments (or total liquidation) when a liquidation signal occurs.
Use) You can draw a trend line according to the wave flow. The small shape of the wave assists the flow of the wave. Check the down-long and up-short signals, and determine the advantageous section.
Support/Resistance) The support/resistance line is a high probability of an inflection point, but it is often the baseline for a limit trade because it can be retested.
Application) The support/resistance line exerts a strong effect when it is overlapped with the ghost candle and box circle.
Explained by chart:
한국어))
아돌봇시스템(ABS) : : 진입, 손절, 익절(청산), 돌파, 눌림/반등, 지지/저항, 파동보조, 추세선 보조, 모멘텀(강도) 신호 전부 표시기 //
개념트리)
진입) 롱은 롱의 진입, 숏은 숏의 진입 시그널입니다. 시그널 발생봉 ~ 다음봉 이후 거래를 시작합니다. H는 HH돌파롱, L은 LL돌파숏의 기준이 됩니다.
손절) 시그널봉의 저점/고점은 진입시의 손절가가 됩니다(연속된 흐름 고려). 익절을 하기전에 갑자기 웨이브가 깨지면 손절이나 본절이 추천됩니다.
청산) L청은 롱의 청산, s청은 숏의 청산 추천자리입니다. 추세를 따라 트레이딩을 하더라도 청산시그널 발생시 분할청산(or전량청산)을 권장합니다.
활용) 웨이브의 흐름에 맞춰 추세선 긋기를 할 수 있습니다. 웨이브의 작은형은 파동의 흐름을 보조합니다. 내림롱, 오름숏 시그널을 확인하고, 유리한 구간을 판단합니다.
지지/저항) 지지/저항선은 높은 확률의 변곡점이지만, 종종 리테스트를 할 수 있기 때문에 지정가 매매의 기준선이 됩니다.
응용) 지지/저항선은 고스트캔들, 박스권과 중첩시 강력한 효과를 발휘합니다.
차트로 설명 :
use and more strategy - send PM (더 많은 전략과 사용 - PM보내기) ▼ ▼ ▼ ▼
RogTrader AlgoA simple BUY/SELL algorithm based on Moving Averages (EMA), MACD, RSI, Stochastic, ADX, ATR, CCI, OBV, Pivot Points, and Parabolic Sar, and Volume averaged.
Simple algo that uses multiples indicator strengths and weight them to generate buy and sell signals
Indicator strengths are displayed on each candle (green is bullish and red is bearish)
Green Buy and Red Sell shall be primarily used for long positions
Bull and Bear Strengths are created based on Price Action, and Volume, the length of the array shows upward or downward strength
Indicators' Signal Strength shows number Indicators' indication for the direction.
Bollinger Bands are in red and green filled
VWAP Bands are in gray, green, and red
Linear Regression is the blue line
Check multiple timeframes.