Cycles

This is a modified Stochastic indicator. Modifications include:

1. The output is now centered on "0" and the scale is from -50 to +50, so that histograms and columns can be used to plot the output.
2. Added visual trade setup triggers. A trigger to the up side is a cycle high and indicates a "sell signal". A trigger to the down side is a cycle low and indicates a "buy" signal.
3. Added an alert trigger to be used to setup alerts. Selecting "Alert" to be Greater Than (>) Value = 0.00 will trigger an alert if either the buy or sell triggers occur.
4. Added a force indicator output. This indicates the rate of change in "D", or mathematically "dD/dt", as was done in the Power Analyzer indicator. When Force and D are in-phase, the maximum power is achieved.
5. Added "Slow Average Momentum" and "Slow Average Force" as was done in the Power Analyzer indicator.
6. Added an internal MACD and EMA as part of the trade setup trigger equation. There is a new input variable for the EMA length.
7. Added an input variable for the "Trigger Threshold", which ranges from -50 to 50, to be used as a screening filter.

Note di rilascio

Updated trading alerts with new strategy.

Note di rilascio

Updated user interface for greater control over the trading signal filters. Download the new companion, "Cycles Strategy" for backtesting.

Note di rilascio

Updated buttons: Oct. 9, 2020
1. Revised text at button to enable/disable Higher close and Lower close Filter.
2. Added button to enable/disable %K Threshold filter. Revised text.
3. Revised text for Threshold %K and Threshold %D. These can be disabled by buttons or value settings, but the buttons over-ride the values set.
4. Revised to better match the Cycles Strategy.

Note di rilascio

1. Backtested and updated trading signal algorithm. It now compares highs with highs, and lows with lows, and triggers when the candle action breaks above the previous lower high, or breaks below the previous higher low.
2. Updated initialization settings.

Note di rilascio

Update timeframe alerts.

Script open-source

In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.

Per un accesso rapido a un grafico, aggiungi questo script ai tuoi preferiti: per saperne di più clicca qui.

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Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.

Script open-source

Per un accesso rapido a un grafico, aggiungi questo script ai tuoi preferiti: per saperne di più clicca qui.

FXEngineering