Moving Average Envelopes are percentage-based envelopes set above and below a moving average. The moving average, which forms the base for this indicator, can be a simple or exponential moving average. Each envelope is then set the same percentage above or below the moving average. This creates parallel bands that follow price action. With a moving...
NNFX All-in-One Baseline display / test tool. This is usefull (hopefully) for the NNFX way of trading only. It's not intended to be used as a standalone tool. Basically, this script displays and tests many types of Moving Averages as baselines. It displays baseline signals, based on the NNFX ATR-related rule for baseline entries. It can be used as a backtest...
Many traders spend a lot of time to create algorithms full of unrealistic and far from reality indicators and market conditions. With this script I want to help traders understand the advantage of the Pine language. Using indicators with no statistical foundation and creating algorithms with technical indicators and thousands of conditions is not always the right...
This is combo strategies for get a cumulative signal. First strategy This indicator plots 2/20 exponential moving average. For the Mov Avg X 2/20 Indicator, the EMA bar will be painted when the Alert criteria is met. Second strategy The Accelerator Oscillator has been developed by Bill Williams as the development of the Awesome Oscillator. It...
Great Expectations helps traders answer the question: What is possible? It is a powerful question, yet exploration of the unknown always entails risk. A more complete set of questions better suited to traders could be: What opportunity exists from any given point on a chart? What portion of this opportunity can be realistically captured? What risk will be...
TTM scalper indicator of John Carter’s Scalper Buys and Sells. The methodology is a close approximation of the one described in his book Mastering the Trade. The book is highly recommended. Note the squares are not real-time but will show up once the third bar has confirmed a reversal. You can change long to short in the Input Settings WARNING: - For...
Cueing Off Support And Resistance Levels, by Thom Hartle modified by HPotter for trade signals. The related article is copyrighted material from Stocks & Commodities. You can change long to short in the Input Settings Please, use it only for learning or paper trading. Do not for real trading.
Hello Everyone, Hope you guys doing good. This is the strategy and script I'm currently working on. Everything is doing good except close the position on 4% profit on particular coin. For example, if I open position on ETHUSD at the price of 2200 and the chart is BTCUSD , It should close on 2288 price. The current strategy is work fine for some pairs. I mean some...
This indicator is based on Bill Williams` recommendations from his book "New Trading Dimensions". We recommend this book to you as most useful reading. The wisdom, technical expertise, and skillful teaching style of Williams make it a truly revolutionary-level source. A must-have new book for stock and commodity traders. The 1st 2...
█ 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...
Converted EmperorBTC's EMA crossover indicator for easy backtesting and added ability to: Specify time period for backtesting Specify order quantity Toggle original indicators (default off) Quoting EmperorBTC: Entry is to be made when the 1. Cross over gives a P(Positive Sign) and the candle completely closes above the cross-over 2. When the Heikin...
This is only a slight modification to the existing "MACD Strategy" strategy plugin! found the default MACD strategy to be lacking, although impressive for its simplicity. I added "year>2014" to the IF buy/sell conditions so it will only backtest from 2015 and beyond ** . I also had a problem with the standard MACD trading late, per se. To that end I modified the...
This script allows you to backtest Trading View's "Technical Ratings" (Buy, Strong buy, Sell, Strong Sell) using Gavin's backtest script. To use it add the backtest script to the chart together with this script and then from the back test settings connect the external indicator. You should select "TV Signal" as the source. Backtesting works best on the 5m chart,...
It is a Kagi candle emulator without resolution multiplier. Also with take profit and stop loss. Modify the value of "reversal" according to current symbol. It's the backtest, coming soon, same script but with no-repainting alerts Enjoy!
This is combo strategies for get a cumulative signal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The strategy buys at market, if close price is higher than the previous close during 2 days and the meaning of 9-days Stochastic Slow...
MACD – Moving Average Convergence Divergence. The MACD is calculated by subtracting a 26-day moving average of a security's price from a 12-day moving average of its price. The result is an indicator that oscillates above and below zero. When the MACD is above zero, it means the 12-day moving average is higher than the 26-day moving average. This is...
Level: 1 NOTE: This is ONLY an EXAMPLE on HOW-TO produce a customized "{Sextan} PINEv4 Sextans Backtest Framework" intput signal with "(blackcat) L2 Reversal Labels", and you can define your own indicator in the highlighted area in compliance with the uniform format, which guarantee when you use "Indicator on Indicator" function, it would not produce any...
This technique was described by William Blau in his book "Momentum, Direction and Divergence" (1995). His book focuses on three key aspects of trading: momentum, direction and divergence. Blau, who was an electrical engineer before becoming a trader, thoroughly examines the relationship between price and momentum in step-by-step examples. From this...