Price Action Trading System v0.3 by JustUncleLThis is an updated and improved version of my "Price Action Trading strategy". I have added two extra optional filters, one is a trend direction filter based on the MACD slow EMA(17), blue line, and the other is a RSI(7) filter which works similarly to CCI(14) but slightly different dynamics (thank you to gianfranco60 for the suggestion). Also made a couple of corrections:
- input for lenLower minval=1 should be maxval=-1
- one bar pullback did not reset trigger, missing some alerts
Some Notes about usage:
- this is an alert indicator not a signal generator, each alert is a strong trend continuance candidate,
but should be treated on it's own merits by looking at chart dynamics and market conditions.
- will work well on trending markets only.
- works best on the first alert after MACD cross over.
- don't take trades when MACD and signal are close together.
- don't trade when channel and slow MA are flat or close together or
chopper (yellow and blue MA cross over quickly over short period).
Alerts
Bollinger Band and Moving Average v0.1 by JustUncleLThis is another Bollinger Band strategy+indicator in my series of Bollinger based setups. This one is seems to work best with 5min charts and 20 to 30min expiry. The strategy follows variation of a Bollinger band + Moving Averages
reversal strategy, it uses the 2 moving averages mainly to determine market direction.
K.M Trend Alerts (BETA 1.2)Like I said previously in the " K.M Trend Strategy (BETA 1.2) " this is the script to set alerts. If you haven't seen the strategy one please search it. Please look at the strategy post to see more information. Thank you.
Buy Alerts = P (greater then) B
Sell Alerts = P (less then) B
Sincerely,
Kevin Manrrique
Follow us on Instagram: TWTForexGroup, we have amazing content and also sell signals.
P2-V2 - AlertsThis is the alert script for the P2-V2 Strategy. For some reason pasting it into the P2-V2 description results in some of the lines becoming corrupt. So figured the best way would be to publish it.
original strategy
CM_UCS_MODIFIED SLINGSHOT [ALERTS]Here is a tool to help trigger entry alerts on CM_UCS_Slingshot_Modified.
This alert code picks up the Conservative Entry Signals.
CM_Blast_Off_V1_Alerts ReadyBlast Off Indicator - Alert Ready!!!
Created By Request from @elpuerto936c
Description of Indicator:
***This measures the day's open / close vs then high lows of the day (range)
***When the open /close is less than 20% of the range, then it's likely that the following day will have a big jump.
***The Thought Process is Simply When (Open - Close) is Less Than 20% Of The Range…Shows Indecision and Breakout is Probable.
***Which way? Use whatever indicator you want to figure out if the market is oversold or overbought.
***NOTE: If Indicator Triggers After Extended Up or Down Move…This = High Probability Reversal.
In Inputs Tab:
-Ability to Change The Trigger Value…(This is Percent The (Open-Close) is to the Total RANGE of The Bar).
-Ability to Turn On/Off Highlight Bars via Check Box.
To Set Alert:
-In First Drop Down Box Select Name of Indicator
-In Drop Down to Right Select “Alert Blast Off If Below Trigger”.
-Then Select “Greater Than”.
-Then Select “Value”
-To the Right of Value type in .99
-Select On Bar Close, If not you will get FALSE Alerts.
