** This is the backtesting (strategy) version of ~ Profits Unlimited Pro ~ proprietary script in TradingView. ** ~ Profits Unlimited Pro Strategy ~ ֎ Trading system script on tradingview that brings an easy approach to trading with a high profitability rate ֎ Our proprietary formula was developed over the course of the past two years through a combination of...
-This script uses a triple EMA strategy to establish trend direction and reversal points -Inputs are smoothed with Heiken Ashi values to reduce whipsaws, while providing timely execution -Buy and sell indications are dictated by bar color -Bar color is dictated by the candle close value in relation to the EMAs, specifically the faster of the 3 (If candle closes...
Introducing the Anticipated Simple Moving Average Crossover Indicator This is my Pinescript implementation of the Anticipated Simple Moving Average Crossover Indicator Much respect to the original creator of this idea Dimitris Tsokakis This indicator removes one bar of lag from simple moving average crossover signals with a high degree of accuracy to give a...
This script calculates the Implied Volatility (IV) based on the daily returns of price using a standard deviation. It then annualizes the 30 day average to create the historical Implied Volatility. This indicator is intended to measure the IV for options traders but could also provide information for equities traders to show how price is extended in the expected...
Detecting Support and Resistance Levels Description: Support & Resistance levels are essential for every trader to define the decision points of the markets. If you are long and the market falls below the previous support level, you most probably have got the wrong position and better exit. This script uses the first and second deviation of a curve to find the...
Description : This SwissArmyKnife - MultiPurposeIndicator allows user to modify the conventional indicator smoothing method Stochastic(SMA)/RSI(RMA) to one of filtering tools proposed by John F. Ehlers . Details of each filtering type can be read in Ehlers Technical Papers: Swiss Army Knife Indicator, I'm still very new with Digital Signal Processing (DSP)...
Idea and Motivation I am using my Modified Moving Average indicator for a while. I always wanted to add some more information to moving averages and made some modification to Moving averages. The additional Information I have added to the Moving Average is How much Price difference it has when it opened current day and closed previous day. Adding weekly average...
Script is showing potential reversal zones on chart, based on calculations of High/Low of selected period, smoothing it with selected type of Moving Average and applying Standard Deviation. Preferred to be used for contrarian traders. Another alternative usage would be to lock profit from open positions as this is very often early warning before reversal...
3 indicators in 1. Included Indicators are: - MA 5,25,50,100,200 - Ichimoku - Bollinger Band These can be used to determine changes in trends when: - MA's collide, trajectories shift, or certain levels are reached. - Ichimoku cloud is above or below the candles. - Bollinger Band's width changes, or range is broken. Reasons for 3 in 1 assembly: This indicator is...
Intraday Money Management Indicator (IMMI) Class : trend indicator Trading type : intraday trading Time frame : 1H Purpose : intraday work in trend Level of aggressiveness : standard Indicator « IMMI » (Intraday Money Management Indicator) is our attempt to combine technical analysis with money management and put it into a form of technical...
Hi Friends, This Indicator is combination WMA, RSI, Vwap. Buy and Sell Signal generated through WMA and Bar color changes through RSI values. Vwap: if we find prices below the Vwap then we have to look for BUY signals and if we find prices below the Vwap then we look for Sell Signals. Its difficult how we came to know that now the prices will Vwap its simple, in...
Fishing The Trend HOW Does it work ? The code uses dynamic levels to identify trend. This script used SuperTrend (ST), ATR and relatively Smoothened ST for early trend reversal detection to determine the trend and direction so that a fruitful decision can be made. To Indicate the strength of the trendline, The standard calculations of SuperTrend, along with...
The Bravo xSwing is a hybrid of my Original Bravo Swing script (BUY) and the Accurate Swing Trading System script by ceyhun (SELL) - also know as SMA 9/50/180 | EMA 20 | BUY/SELL. This system buys in on a full candle close above the SMA 9 (indicating a strong bullish trend) and sells using the above mentioned Accurate Swing algorithm. Back-testing results...
The script implements a custom version of TSI (True Strength Index). This index may be useful for determining overbought and oversold conditions, indicating potential trend direction changes via centerline or signal line crossovers, and warning of trend weakness through divergence. The script highlights when TSI line crosses the signal line with a colored...
VISUALLY REPRESENTS THE CROSSING OF 8,13,21,55 EMA'S FROM KROWNS TA PROGRAM Hello everybody! I was curious and wanted to see how the Strat described in one of the modules would look coded. So here we are, a clear cut visual representation of the methods talked about in the course from the EMA Module. Enjoy! (Instructions) Whenever the 8,13,21 all cross above...
The script displays three multipliers (x1.618; x2; x3) of the Golden Ratio (starting with MA at 350 days) to identify the following levels of support: the multiplier x1.618 is an accumulation high (green line) the multiplier x2 is a support that identify a low bull high (red line) the multiplier x3 is a support that identify an upper bull high (blu line) ...
© fareidzulkifli Disclaimer: I always felt Pinescript is a very fast to type language with excellent visualization capabilities, so I've been using it as code-testing platform prior to actual coding in other platform. Having said that, these study scripts was built only to test/visualize an idea to see its viability and if it can be used to optimize existing...
This an experiment to visualise the famous RSI indicator within a Histogram. Opposed to regular RSI this RSI is plotted into a Histogram and uses different scales (100 to -100), in addition it has the ability to smooth the RSI with various moving averages like HMA, JMA and KAMA. About RSI: The RSI measures recent performance of a given stock against its own price...