SAR+RSI+EMAs SignalsNOTE:
Indicator based strategies may expire and begin to work again. There are various ways to check the expiration of these strategies but I suggest equity curve trading (EC trading) as the best one.
Please check every single indicator based strategy to see if it’s still profitable or it has been expired to avoid losses.
Principles:
I personally believe every profitable indicator-based setup need 3 factors. Actually I analyze indicator-based set up in this way!
1- Trend detector: a tool that detect the “trend”.
2- Oscillators (Discount finder): a tool that detects “discounts” in the direction of the trend.
3- Stimulus: A tool that indicates the Initiation of a movement.
There may be profitable strategies that do not use all three, because other factors are strong enough to lead us to profit, but they are rare and sometimes they hide the other forgotten factor in the main two ones.
Elements:
(Since most of traders here, are familiar with these famous indicators I will not take your time to write about their uses and formula)
SAR: As a Trend detector, regarding position of close and SAR
EMA 7 and EMA 21: As trend detectors, regarding position of EMA 7 as fast “moving average” and EMA 21 as slow one. Also we need another confirmation for trend regarding EMA 7 and closing price of the signal candle.
RSI: In this strategy RSI is used both as a discount finder and a stimulus.
For RSI being over/under 50, regarding the trend, a possible discount may have been occurred. Imagine these conditions: close>EMA7, EMA7>EMA21, close>SAR and simultaneously RSI being under 50 is really a sign of powerful uptrend which it’s RSI decreasing might be a sign of corrective move, which will be following a bullish impulsive move.
The other use of RSI is to stimulate a buy signal by “crossing” over 50 or 30 (50 as balanced point of momentum and 30 as a sign of ending an oversold) or stimulate a sell signal by “crossing” under 50 or 70 (50 as balanced point of momentum and 70 as a sign of ending an overbought).
Entry point: you can use one of the followings.
1- Open of the next candle
2- EMA 7
3- Open of the signal candle
(Totally optional but “open of the next candle” is suggested by me.)
SL: Use one of the followings.
1- SAR or some pips (regarding ATR Or your experience of this trading instrument’s fluctuations in this time frame) below the SAR
2- Fixed amount (regarding ATR Or your experience of this trading instrument’s fluctuations in this time frame)
3- Use EMA21 as dynamic SL (if a candle far enough from the initiative candle close over (for sell) below ( for buy)
Again number 1 is suggested by me.
TP: Use one of the followings.
1- Use static levels or zones of support and resistance as TP.
2- Use dynamic levels for instance band of BB or moving averages (Moving the SL is possible).
3- Use fixed R to R
And I believe static zones of support and resistance work better.
Examples:
I indicate a buy signal on the chart!
Using local level as TP worked just good.
Using EMA was better in this case.
And using a riskier level or a fixed R to R is obvious in the chart!
Since in the range markets, this strategy may not work well and at the same time, TP to SL might be too small to be worth the risk, I prefer to use levels to filter range market conditions!
I convert all those circumstances to a simple buy and sell signs on the chart!
EMA21 and SAR are still visible because it is possible that traders use them for their TP and SL.
This is how it look without EMA21 and SAR!
Another screenshot of this strategy!
I also add a check box to filter signals by another trend detector. MATD created by me to help traders detect trend!
As it’s visible, some profitable signals filtered too, but using a longer-term trend detector as an additional one, alongside the double EMAs is very useful for this strategy.
The other box “use high&low instead of close for fast EMA” makes the “EMA7 and close” trend detector an easygoing one!
Almost everything is editable here!
*** I did not invent this strategy, you can find it for free on net ***
I'll change it to a "strategy" instead of an indicator if reader like to!
Media mobile esponenziale (EMA)
Ehlers Median Average Adaptive Filter [CC]The Median Average Adaptive Filter was created by John Ehlers and this is another in my current series of undiscovered gems. I'm sure you are all saying but Franklin, Ehlers doesn't have any undiscovered gems but in this case you would be wrong. This was actually an indicator so buried on the internet that I had to use the wayback machine to find the original source code. Ehlers notoriously hates adaptive moving averages which is funny because he has made a decent amount of them. This is a very unique indicator that uses a while loop to adjust the length and I thought it deserved some extra recognition from the TV community. I have included strong buy and sell signals in addition to normal ones so strong signals are darker in color and normal signals are lighter in color. Buy when the line turns green and sell when it turns red.
Let me know if there are any other scripts or indicators you would like to see me publish!
Pattern Recognition Pullback Strategy profit calculatorThis script has been designed for use in botting Crypto spot / futures.
The intended use is send signals to a 3commas bot setup for the exchange. The bot uses candle measuring percentile nearest rank filters and range
breakouts to decide if the market is trending. When the market is trending it will look for pullbacks below a moving average and buy in the trend direction on a pullback discount. This is the profit calculator part of the script
With this script you will not be able to send tradingview signals, that is because it is a payed premium service and for security reasons I am the only one with access to making signals from this script.
I provided a user manual:
drive.google.com
Pattern Recognition Pullback StrategyThis script has been designed for use in botting Crypto spot / futures.
The intended use is send signals to a 3commas bot setup for the exchange. The bot uses candle measuring percentile nearest rank filters and range
breakouts to decide if the market is trending. When the market is trending it will look for pullbacks below a moving average and buy in the trend direction on a pullback discount.
With this script you will not be able to send tradingview signals, that is because it is a payed service and for security reasons I am the only one with access to making signals from this script. I will be uploading a second script which is the profit calculator. This way you can toy around to find your preferred settings for the bot and see the results it could have made.
I provided a user manual:
drive.google.com
MACD_STO-SAMI
This indicator depends on the trend. You must first determine the general trend and then wait for the signals that indicate buying in the bullish direction and the signals that indicate selling in the bearish direction, which is the green signal is considered buying and the red signal is considered selling
Also, this indicator differs from the rest of the indicators that the signal is prior to the movement of hair, meaning that it is predictive and is strong.
The green bar is the buying peak.
The red bar is oversold.
The red arrows indicate that you can sell, but the price must be monitored.
The green arrows indicate that it is possible to buy and monitor the price
The colored candles are 4, and each candle indicates the order of the candle.
1- The blue candle indicates a change in the bearish trend and the possibility of it changing to an upward trend.
2- The green candle, which indicates that there will be acceleration in the upward direction.
3- The yellow candle indicates a change in the upward trend and the possibility of it changing to the downside.
4- The red candle indicates that there will be acceleration in the downside direction
To help determine the trend, the average of the 50 simple has been set
NYSE:BA
FX:GBPUSD
TADAWUL:1120
BINANCE:BTCUSDT
MACD Cross [Momentum & Trend Filter]This is MTF MACD crossover and crossunder, with EMA trend filter and MTF RSI overbought/oversold filter.
Guidelines:
- User can set stop loss, take profit target and risk to reward ratio in setting
- ATR Stop and ATR Multiplier are use to set stop loss and take profit levels, setting are varies depend on what you are trading, play around and find appropriate number
- Don't trade if range between stop loss and target profit are too small or if there are too many small range try to increase multiplier
- If MACD Zero Line Filter enable, detect MACD crossover only under zero line for LONG, and detect MACD crossunder only above zero line for SHORT
- If EMA Trend Filter enable, detect MACD crossover which price above EMA for LONG, and detect MACD crossunder which price below EMA for SHORT
- RSI timeframe 1-3 should not lower than chart timeframe to display Overbought and Oversold correctly
- Enable MTF Overbought and Oversold just to display red background for Overbought, and green background for Oversold
There are 3 alert options:
(For those free user which can get only 1 alert, please choose "MACD crossover & crossunder" if you want to get alert for both long and short directions)
Have fun :)
Advantage RSI PredictorAdvantage RSI Predictor reverses the calculation of Relative Strength Index. Once the bar ends, this indicator calculates the price that needs to be reached (next bar) for RSI to move to a certain level. The indicator is plotted over price to show support and resistance zones based on RSI settings defined by user.
What do I see?
upper and lower (red) lines show where the price needs to move for RSI to show predefined levels; default settings are: RSI (close,14); 70-point as overbought level (upper); 30-point as oversold level (lower)
middle line (On/Off) calculates where the price needs to move for RSI to be 50 points
Why do I use it?
knowing support and resistances in advance, you can use it in day trading when intraday move reaches your support or resistance
by switching to a higher time frame, you can establish where support and resistance is in multiple time ranges
Finally, last but definitely not least, the main reason behind publishing this indicator is to prove that the RSI indicator is NOT what it is perceived to be.
RSI does not measure the velocity or magnitude of the recent move, but simply the distance between price and exponential moving average of the corresponding length.
50-point RSI Predictor(length) = Exponential moving average(2*length-1) shifted by 1 bar.
Moving Average Suite + VWAP + TICKThis indicator combines some of the commonly used moving averages, VWAP, and TICK sentiment, all of which are useful for all types of trading
By default, this indicator includes:
- 21/50/100/200 period smoothed simple moving average
- great for determining trends
- also act as support / resistance line for price
- 9 period exponential moving average
- fast trend / direction indicator
- Volume Weighted Average Price
- no explanation required
- $TICK sentiment as background fill
- overall market sentiment and direction
- +/- 500 levels are colored green/red and are usually indication of institutional order flow --> critical for trading indexes such as SPY or QQQ
- deep green/red background indicates +/-1000 on the $TICK, which are usually associated with overbought or oversold
Super Multi Trend [Salty]This script uses the 5, 8, 13, 21, 34 low, 34 close, 34 high, and 55 EMAs in comparison to each other to gauge momentum and trend strength for the current ticker. Additionally, it provides the ability to compare to 3 additional tickers at the same time (Uncheck boxes in settings to hide if desired). For the Super Trend Row darker colors are more bearish than lighter colors, and consequently lighter colors are more bullish than darker colors. Yellow indicates a neutral or choppy market. Fully stacked EMAs are shown with a Light Green (Lime) color for the bullish condition, and Dark Red for the bearish condition.
4-Way EMA Trend4 separate EMAs that are used to determine trend, colored appropriately to reflect the trend to make it easy to tell what the trend is. All 4 EMAs are not needed, you can turn each one on and off individually and the indicator will adjust itself accordingly. Having a single EMA will use the closing price to determine the trend. There are 2 different types of trend detection; EMA Flip and EMA Confluence. EMA Flip is dependent on all active EMAs rising or falling in the correct hierarchical order. The EMA Confluence option is if all EMAs are moving in the same direction. I've found that this second option, EMA Confluence, is more accurate in getting in early before strong movements because the EMAs will more often move in the same direction before they "flip".
cdc action zone + wavetrend By Nussara (study)I previously shared strategy CDC action zone + WaveTrend By Nussara.
But some people say that the alarm is not connected to the robot trade (not 3commas robot trade) .
But for me, I used the strategy CDC action zone + WaveTrend By Nussara connect to 3commas robot trade with no problem at all.
However, I made a study script for those who want to connect to robot trade.
This version combines a famous indicator CDC Action zone V.2 and WaveTrend together.
When the WaveTrend cross below -35, it is an indication of oversold. The indicator will show a purple line on top until the WaveTrend is greater than 53.
Buy condition.
1. Purple line appears on the top indicator.
2. CDC Action zone - fast EMA crossover slow EMA .
Sell condition
1. CDC Action zone - fast EMA crossunder slow EMA .
This indicator is Suitable for a 1DAY time frame or more.
TropRSIThis is a variety of RSI based on the distance from the MA. It calculates the difference between price and a user defined EMA, then it calculates the RSI for the values obtained.
I find it more reactive and at the same time more adjustable thatn normal RSI.
It also shows divergences.
NazhoThis is a simple scalping strategy that works for all time frames... I have only tested it on FOREX
It works by checking if the price is currently in an uptrend and if it crosses the 20 EMA .
If it crosses the 20 EMA and its in and uptrend it will post a BUY SIGNAL.
If it crosses the 20 EMA and its in and down it will post a SELL SIGNAL.
The red line is the highest close of the previous 8 bars --- This is resistance
The green line is the lowest close of the previous 8 bars -- This is support
+SuperTrend
RSI v4 with Bands
Script is extended version of usual RSI script
This script plots VWMA(RSI7) vs EMA(RSI7) under pre-set time frame.
Strategy is to make sure both points remain in the Green zone while entering into BUY position
Use it as indicator not as financial advice.
~ @imbharat
TrendLineScalping-BasicDear Traders,
Here is the thought which came to my mind on the trendline break scalping. sometimes during the trade we do plot trendlines and we do anticipate for the line to break and take a trade. with the same thing in mind I had created this basic script to help you and other to create based on the logic used in the script.
This is just a logic based script and doesn't do any kind of wonders. Hence you may use it as necessary.
Regards....
McNamara Tally [CC]The McNamara's Tally was created by Nolan McNamara (Stocks and Commodities Feb 2022 pgs 44-45) and this aims to fix the issues with both the On Balance Volume and the Accumulation/Distribution Line by using a variation of Wilder's True Range to keep track of volume flow to better differentiate between bullish volume and bearish volume. I added a signal line to this indicator to provide clear buy and sell signals since the original didn't' have any so feel free to experiment and see if you come up with a better signal system. Buy when the indicator line turns green and sell when it turns red. I have included strong buy and sell signals in addition to normal ones so stronger signals are darker in color and normal signals are lighter in color.
Let me know if there are any other indicators or scripts you would like to see me publish!
Setup 9.1 Larry WilliamsThis Strategy was created according to Larry Williams 9.1 Setup. This is based on the Exponential Moving Average of 9 days. Although this might be used in any timeframe, it is most common on the Daily Timeframe.
I have developed this strategy to be used on both Long and Short Position, using the drop down list.
- Setup 9.1 (Lond Position)
It looks for tickers where the close is below EMA9. Once close gets above EMA9 we set this candle as 9.1. The entry point happens one tick above the 9.1 candle. The stop loss is set to be one tick below the lowest of this candle. The exit takes place once close is below EMA9
- Setup 9.1 (Short Position)
It looks for tickers where the close is above EMA9. Once Close gets below EMA9 we set this candle as 9.1. The entry point happens one tick below the 9.1 candle. The stop loss is set to be one tick above the highest of this candle. The exit takes place once close is above EMA9
To cut the noise and have a better trend direction on the EMA9, on both Long and Short, I used the code below for the setup.
setup91B = fastMA >fastMA and fastMA >fastMA and fastMA >fastMA and fastMA >fastMA and fastMA fastMA
setup91S = fastMA fastMA and close > fastMA and close < fastMA
If you have any questions, let me know !
Seer by EY84This is a strategy based on Exponential Moving Averages or Volume Weighted Moving Averages against Adaptive fib resistance / support level and profit percentage which can be definetly defined by user and targeting small profits(profits will be raised by leverages).
In this strategy, there are predefined values which are collected one by one with statistical background and backtests. This gives an advantage to see which ratios are working better for each symbol.
Also this statistics are re-evaluated monthly and if there is a need they are goging to be changed with the help of libraries. Also IT IS RECOMMENDED TO USE IN HOURLY INTERVAL GRAPHICS!!!!
When we deep dive to strategy, it is based on profit percentages. it is similar to the MOST system. MOST only changes the way with default value of %2. But this hardcoded strategy is not working well with each Symbol.
So this is the point where Statistics are involved.
For Ex. while BTC is suits well with %2, it does not do wonders for RSR or RUNE which is 4-5% for each.
Library stores these values as a predefined options. Also it is allowed to change these predefined values within the settings of this strategy.
what is next ? Lets see how are we closing the positions.
Script checks cross of EMA / VWMA and adFib to decide open a position. In reversal / crosses, adFib line had been set to defined Fib. Percentage level. This sets the Full Position close / SL value for current order.
OK! we got the SL but how we get the profit ?
Now this is the place where Profit Percentage (PP) parameter involved. After the position opened it is waiting for PP to be reached. After PP had been reached, close signal had been raised for the HALF of the OPEN ORDER (with the BAR CLOSURE!!).
so tricky part has come here. Remaining position is still open and when "total available profit with remaining amount" had been reached to PP it wil raise the Close Half signal will be raised.
what happens to the SL position ? TWO possible scenarios will be raised here.
Case 1. Reversal on the adFib (short-to-long or long-to-short) will trigger full close signal.
Case 2. If the level drops the previous signal system will generate full close signal again.
Example 1:
Long Order Open : 100$
Half Close Signal : 110$
Case 1: adFib Reversal occurs : 105$ ==> Triggers Full Close Signal with Short Order.
Case 2: Price falls : 100$ ==> Only Triggers Full Close Signal.
Example 2:
Long Order Open : 100$
Half Close Signal : 110$
2. Half Close Signal : 121$
Case 1: adFib Reversal occurs : 115$ ==> Triggers Full Close Signal with Short Order.
Case 2: Price falls : 110$ ==> Only Triggers Full Close Signal.
Beside of these, strategy is also includes editable 4 EMA, 1 WMA, 1 AVWAP and Bollinger Bands Plotting (2.5x Multiplier) who wants to use them as a supportive statistics.
All feedbacks are welcome.
Zeal Trade HelperOnce you have mastered a trading strategy, risk management is the most important aspect of trading that will enable and long and successful trading career. The Zeal Trade Helper is based on Van Tharp's theory of R. It provides an immediate visual trading plan, as well as sizing parameters for trading equity and options (.25 and .50 deltas) based on a number of inputs to help you avoid needing to do quick mental math in the moment of taking a trade.
HOW TO USE
- First, you will need to input your R value. To find your R value, divide your **average green day** by the **average number of trades you take in a day**. Once you have this number, enter it into the "Your R Value" field in the indicator settings.
- The indicator settings then provides you with 5 different setup entries. When you have your watchlist ready for the day, simply go through and choose the specific stock, enter your entry price, stop loss, target, and setup type (build, short, bounce, or reject).
OUTPUTS
**Trading Plan**
The indicator will display a visual trading plan based on the inputs you entered on each individual stock's chart. The trading plan will have a green box and red box to represent your entry, target, and stop loss.
**Risk Parameters**
The indicator will also display text outlining what your risk parameters and sizing should be for the trade based on your R value. You will see 3 different lines: the first line showing the number of shares you can trade, the second line showing the number of option contracts you can trade at .50 delta, and the third line showing the number of option contracts you can trade at .25 delta. For reference, at the money options are .50 deltas. Even if you aren't trading exactly .50 or .25 deltas, these values will still help as a frame of reference in the moment of putting on the trade.
**Note that you can toggle the appearance of either of these outputs by checking/un-checking the boxes next to "Display trading plan" and "Display risk parameters" in the indicator settings.
Examples:
1. "**240 shares with $1.25 risk**" means you can take 240 shares and risk $1.25 on the share's price based on your R value
2. "**4.8 Cons @ .50 delta with $0.62 risk**" means you can take either 4 or 5 at the money option contracts and risk $0.62 **on the option contract's value** based on your R value
3. "**9.8 Cons @ .50 delta with $0.31 risk**" means you can take either 9 or 10 option contracts that have a .25 delta (a bit out of the money) and risk $0.31 **on the option contract's value** based on your R value
Happy Trading!
ADX+BB %B+AO+EMA Strategy [PineMyths] #2Indicator List
ADX (14,14)
Bollinger Bands %B (20,close,2)
Awesome Oscillator
EMA(5), EMA(21), EMA(50), EMA(200)
Strategy Rules and Conditions
LONG Side
EMA(5) > EMA(21)
EMA(50) > EMA(200)
BB %B > 0.75
ADX > 15
Awesome Oscillator > 2
SHORT Side
EMA(5) < EMA(21)
EMA(50) < EMA(200)
BB %B < 0.25
ADX > 15
Awesome Oscillator < -2
Stop: Fixed %2
Take Profit: Fixed %1
K's EnvelopesTrading is all about finding reactionary levels from where we assume prices will take a certain direction. And from that assumption, we initiate either a long (Buy) position or a short (Sell) position. Many techniques can be used to find support and resistance levels such as pivot points, Fibonacci retracements, and graphical levels. However, these techniques are all static in time, i.e. they do not move with real time data. In contrast, moving averages are dynamic and do a great job at finding support and resistance levels.
The idea of K's Envelopes is to form support and resistance zones so that we find good entry points. It is a combination of two 800-period moving averages where one is applied to the highs and the other applied to the lows, thus forming a moving zone used to support or place a ceiling on the market price.
Dorks 13/48 EMA Crossover This is a script that is helpful if you use review dorks (youtube) 13/48 Crossover strategy. According to him when the 13 EMA crosses the 48 EMA it would theoretically be a good entry for options. See the video at review dorks official youtube channel.
I also included the 30 and 200 EMAs as he suggests in the video as points of reference.
There are currently no scrips that provide these 4 specific sets of EMAs in an all in one package.
Daily EMA50 100 200 + BBStandard Bollinger Bands (timeframe dependent), period and standard deviation are configurable.
And standard daily triple EMA (timeframe independent). Short, Medium and Long periods are configurable (50/100/200 by default)
NSDT HAMA CandlesHAMA (Heiken-Ashi Moving Average) Candles are built using different moving average lengths for the open, high, low, and close. Those levels are then run through the Heiken-Ashi Candle formula to create a new hybrid candle on the chart. There is an additional Moving Average plotted as well for overall direction.
This may be used best for identifying trending markets. By referencing the HAMA Candle indicator, it may help guide you to stay in a trade a bit longer, or wait a bit longer before entering at the beginning of a potential trend.
We added a Gradient Color scheme option for a more colorful view of potential trend directional changes. The gradient code is taken from the Pinecoders Gradient Framework (Pro Advance/Decline Gradient example) at
There are three different Moving Average types to choose from. (EMA, SMA, WMA). All MA lengths can be modified. All colors can be modified. All options can be turned on or off.
This was previously an "invite-only" indicator, but we decided to publish it publicly and open source.
