Works extremely well with many stocks. This strategy was tested on all components of the Dow since 1987. It averaged 22% a year. Slippage and commission were accounted for. 70% of the trades were profitable. The average maximum drawdown was around 15%. This strategy has also been tested against random. The results indicate that this strategy's results are not...
Similar indicators already published have modifications with respect to Elder's theory. This indicator fulfills literally what is described in the New Trading For A Living.
If you are interested in purchasing my algorithmic trading bot that receives Tradingview indicator alerts via email and then executes them in Bittrex, please visit my product page here: ilikestocks.com Additionally, I would love to create video/blog guides on creating Tradingview scripts or strategies. If you are a knowledgeable in finance or other related fields...
May 2018, Traders Dynamic Index Overlay Indicator ( Free Indicator ) The Full 'TDI' Complementary Overlay for all securities. FOREX, BITCOIN (CRYPTOCURRENCIES), STOCKS, etc. This is the overlay of Traders Dynamic Index updated in my knowledge to optimal settings. Added an "Xtreme" Phaser for noticing major moving average/trendline breakouts. Added representation...
This tool simplifies the general rules of a strategy based on Traders Dynamic Index to my best ability. The trader must only enter at the most reasonable place, such as when the signal says to buy or sell but it really means a retracement has formed in the view of the trader, for entry into opposite direction. For example, using KK_TDI_BH, to see oversold or...
What is the impulse system ? The impulse system is a censorship trading system developed by Alexander Elder, and explained in his book New trading for a living . Its meant is to allow or to prohibit a trade. Also, it can be used to find when a trend start to weaken. This script is an implementation of this system using a TradingView indicator. How does it...
Ichimoku System Plus Double Bolliner Bands Made in Mexico City with Love.
Fractal Adaptive Moving Average Rate of Change. Use it with FRAMA
The Chauvenet criterion is a well-known criterion of selection and rejection of the data used by the Physics. It establishes that in an experiment is well to discard the data whose distance from the average is greater than a certain number of the delta. In the stock market if prices move away from the average with a volatility too high are suspect. This principle...
etfhq.com Overall the D-AMA produced results that were near identical to that of the FRAMA but the D-AMA is a slightly faster average. It is very difficult to pick between the FRAMA and the D-AMA but becuase the FRAMA offers a slightly longer trade duration it the best Moving Average we have tested so far.
Simple program to look for day of week or day of month patterns in chart data. All original work by Boffin Hollow Lab Author: Tarzan
This is a very simple trading system which is measuring the core of uptrends and downtrends using three basic elements: Close price, HL2 price, Pivot price. Depending if the uptrend or downtrend is strong, the buy/sell signals are shown in different colors. The stronger trends are in brighter colors (lime and fuchsia). If the trend just fully changed direction...
Monthly fibonaci range analysis and system
Concept by vdubus. Fixed a missing option on the macd inputs, added option to toggle visual style(toggle box)
RSI Momentum By Ricardo Santos and JR This system is a clash of two indicators, Momentum and RSI. Strength of signals are viewed by both height and color. Dark Green or Light Red bars signal strong momentum. Light Red bar signals and Green bar signals reach an apex at the top of the indicator pane.
This is just the raw code for the system / strategies. Will Complete this when I get more time. Green - Setup Long Red - Setup Short