EMA-50H-50L-15CThank you @rachitpjain for sharing this simple yet effective strategy on open platform( Twitter ).
For detail reading about strategy refer tweets of @rachitpjain where he timely posts charts using this strategy.
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**EMA-50H-50L-15C Script V1
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This script will be helpful to identify trade based on strategy shared by @rachitpjain.
Here are salient features of this script :
-Apply Three EMAs using single indicator (50H-50L-15C)
-When 15C crosses 50H - EMA Band will be filled with green color and only BUY trades should be taken
-When 15C crosses 50L - EMA Band will be filled with red color and only SELL trades should be taken
-When 15C in between 50H - 50L Band will be filled with white color and Trading should be avoided
*Strategy works best in trending market using any instrument. Results will vary with change in time frame
**Apply Basic TA like horizontal support, resistance, Higher High, Higher Low, Lower Low and Lower High price structure will increase success rate of this strategy
*** Script is kept protected mode and don't ask for codes.
(I think it's easy to code and by coding yourself, you will learn so many aspect of trading which you might missed)
Crossover
Triple eMA cross trackerTracks 3 emas, colorizing background:
Green - 1 on top of 2 on top of 3;
Blue - 1 on top of 3, but 2 below 3;
Red - 1 below 2 below 3;
Orange - 1 below 3, 2 above 3.
Nutshell: allows a quick and always apparent check for strategies like the old 8e, 13e, 21e strategy you see online, customizeable by any emas of your choosing.
Ghosty's True Strength Indicator TSIStandard TSI plotted with 2 additional lines, i use the " 10" line crosses as an indicator of strength.
Enjoy.
EMA/SMA CloudSmall entry is given when the cyan line crosses the Faster moving ema while the validation happens when the color of the bands flip to green and red
Multiple time frames are best for this and I find the 165 , 330 , 600 work very well in confluence with one another - Higher time frames I would stress to stay looking at for this strategy I can not stress that enough - Please do your own research and let me know if there's anything I could do to perfect it !
Elgrand - MACD crossover overlay with alertVisualize MACD bullish and bearish crossovers on your chart as an overlay. This way you won't necessarily have to add the MACD script and check manually at which point on your chart the MACD crossed. Optionally you can set alerts on the MACD crossovers in case you would like to trade from this after the signal occured.
Crossing Ema Signals by SedkurGives an signals when 2 Ema's cross.
You can
- change EMA values
- change the signal start year
Candle Based RSI w/ EMA 9 CrossoverThis is my first published script. I hope you find it as useful as I have.
This is a modified version of olegnator's RSI script. Enjoy!
4 JMA Crossover Strategy (ps4)This is a PS4 update to my previous 4 JMA strategy that received many likes. In this and several recent strategies I use a simplified strategy setup, featuring trailing stops with very tiny increments. This is done intentionally in order to boost performance to the limit, so that to pinpoint that limit. Strategies with performance of about 90% or above are regarded as viable. Incorporating various overhead factors such as transaction costs, broker's spread, slippage, etc. at this stage creates too much 'noise' with the end result of losing the sight of the forest behind the trees.)) In practice, I disable the 'Use Strategy Setup' option and fine-tune parameters the way I want.
Tested security: EURUSD . Tested TF: 3m
Mix1 : Ema Cross + Trend Channel [Gu5]Based on Trend Channel
Ema-crossover is added
Crossing alerts, only on trend
Basado en mi anterior indicador, Trend Channel
Se agrega Cruce de Medias Moviles (Ema-crossover)
Las alertas solo son en favor a la tendencia
El valor de SMA Range es arbitrario (No Backtesting). Cambia la amplitud de canal que determina cuando es rango (barras amarillas por estar muy cerca del SMA200, sin tendencia definida)
Range Multiplier adapta el indicador a distintos mercados
//Setting recommended for SMA Range
//BTCUSD = 100
//EURUSD = 1000
//SPX = 100
//ETHUSD = 10
Si te fue útil este indicador, puedes comprarme una cerveza ;)
EMAs Alert-This script allows you to show the crossings of the most important emas such as 10, 20, 50 and 200
-You can modify the values of each ema you like
-Bring alerts of the crosses of each ema, which will allow you to activate this function to only the assets you want to track
Triple Moving Average HeatmapHi everyone
I didn't publish on Friday because I was working on an Expert Advisor in MT4. The day I don't publish, some scripts spamming guys published many (not useful) scripts the same to kick me out of the TOP #1 ranking.
So what I'm going to do about it? crying or sharing more quality scripts than before? :)
I guess you know the answer :) I'm gonna share a few quality scripts that I have in my library. I noticed that you guys tend to like more the scripts useful for your trading actually making you money rather than a copy-paste (of another copy-paste)
Alright, enough for the trolling now let's introduce the Three MA heatmap which is an upgrade of that script : MA-heatmap-Double-cross-edition/
The challenge was to keep the heatmap not rolling and to make it match with the MA cross. I did it using this
```
since_ma_buy = barssince(macrossover)
since_ma_sell = barssince(macrossunder)
heatmap_color() =>
since_ma_buy < since_ma_sell ? color.new(color.green, 20) : since_ma_buy > since_ma_sell ? color.new(color.red, 20) : na
```
This is a technique that I found after drinking three glasses of red wine (#french) to keep the heatmap stable and not rolling.
To get what I'm saying I invite you to replace the piece of code above by what everyone would normally do
```
heatmap_color() =>
macrossunder() ? color.new(color.green, 20) : macrossover() ? color.new(color.red, 20) : na
```
Ah and I'm not done sharing for the day, a few scripts are coming also after that one and tonight !!!!! I want to live in a world where you guys can enjoy quality scripts (mostly) :)
PS
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Feel free to hit the thumbs up as it shows me that I'm not doing this for nothing and will motivate to deliver more quality content in the future.
- I'm an officially approved PineEditor/LUA/MT4 approved mentor on codementor. You can request a coaching with me if you want and I'll teach you how to build kick-ass indicators and strategies
Jump on a 1 to 1 coaching with me
- You can also hire for a custom dev of your indicator/strategy/bot/chrome extension/python
TMA Strategy v2.2This is a backtest of the TMA Indicator v2.2 using default parameters.
Backtest window: Jan 1, 2015 - Jul 21, 2019 (today)
For more information on the indicator and strategy seen here please take a look at this backtest:
For paper trading only. Do not use on real markets. Never make investment decisions based on this indicator alone.
TMA Indicator v2.2This indicator is designed to show support and resistance at local extremes. Configurable SMA crossover events can be used to impart a bullish or bearish bias. This helps to reduce noise on the chart and increase profit factor. In other words, the indicator will only look for bullish breakouts if the fast moving average is above the slow moving average and vice-versa.
SMA Crossover events can be used to filter bullish or bearish resistance levels.
SMA Crossover events can be used to filter bullish or bearish breakout alerts.
Supports alerts for entries and exits based on breakouts of local extrema.
Alerts can be generated at every breakout or with SMA crossover filtering active.
Backtests would suggest that filtering with SMA crossovers often yields slightly lower profit but with a considerable improvement to profit factor.
Green/Red indicates long/short entry
Yellow/Orange indicates long/short exit
See here for an example backtest and visualization of active SMA signal filtering:
For paper trading only. Do not use on real markets. Never make investment decisions based on this indicator alone.
TMA Indicator v2.1This indicator is designed to show support and resistance at local extremes.
Indicator can be configured to filter out bullish vs bearish resistance levels based on configurable parameters.
Supports alerts for entries and exits based on breakouts of local extrema.
Green/Red indicates long/short entry
Yellow/Orange indicates long/short exit
Backtest window: Jan 1, 2015 - Jul 21, 2019 (today)
For paper trading only. Do not use on real markets. Never make investment decisions based on this indicator alone.
MA heatmap (Double cross edition)Hello my friends
Sorry yesterday I couldn't post an indicator because I was travelling. So here's the today indicator inspired from that one Moving-Average-Heatmap-Visualization/
This will gives an interesting representation of a Double Moving Average cross
That's all for me
Let's resume the free indicators publishing next Monday with the MA heatmap (Triple cross edition) and then the 4 cross ... until the 100 cross edition .... "wait are you joking sir ?"... Totally YES :)
But the Triple cross edition will be released as it's interesting from a Pine script perspective
Enjoy your weekend and stay safe
Dave
Four MM crossHello traders
Some friends asked me to do it so... sharing it for everyone instead
This indicator detects when the first moving average is above the three others. It's a very powerful tool for trend traders that use multiple moving averages to detect a strong trend
Enjoy
Dave
Two MVA Cross MTFHello traders
This is a script to apply the crossover/crossunder of moving average multi-timeframes on a different timeframe chart
In this example, we see two moving averages in the 2H timeframe being detected on a m30 chart
Enjoy
Dave
Two MM CrossHello Traders
This is a script to detect the crossover/crossunder of two moving averages
It's generic as all standard moving averages are accepted and can be crossed between each other
Enjoy
Dave