Much confusion exists in the TradingView community about backtesting on non-standard charts. This script tries to shed some light on the subject in the hope that traders make better use of those chart types. Non-standard charts are: Heikin Ashi (HA) Renko Kagi Point & Figure Range These chart types are called non-standard because they all transform market...
Credits to @HPotter for the orginal code. Credits to @Yo_adriiiiaan for recently publishing the UT Bot study based on the original code. Credits to @TradersAITradingPlans for making UT Bot strategy. Strategy fixed with time period by Kirk65. UT Bot works great with 2 hour time frame with Heikin Ashi, but riskier. Use "Once per bar" In alerts with 1.5% stoploss....
Some time ago I bumped into NoNonsense Forex - pretty good-looking course with well-designed videos, reasonable rules, etc. Nice explanatory videos, not selling anything, building indicators-only strategy. But there was one thing that really annoyed me - it was supposed to work only on Daily timeframe. What is the point in trading such high timeframe, if decisions...
Pretty simple EVWMA (Elastic Volume Weighted Moving Average ) MACD Strategy. EVWMA is a quite interesting moving average where the period of the MA is defined from the volume itself. It incorporates volume information in a natural and logical way. The EVWMA can be looked at as an approximation to the average price paid per share. As a volume period, you can use...
This script is for a triple moving average strategy where the user can select from different types of moving averages, price sources, lookback periods and resolutions. Features: - 3 Moving Averages with variable MA types, periods, price sources, resolutions and the ability to disable each individually. - Crossovers are plotted on the chart with detailed...
This is my first attempt at producing a strategy in Pine Script. I am NOT a professional coder. I'm not even a good coder at that. I've only started Pine Script coding since September 2019. I am teaching myself. This script is far from finished. I need to tweak a number of things about this script. Namely: Add a validity window to the 'trigger bar' condition....
Pretty simple EVWMA (Elastic Volume Weighted Moving Average) Cross Strategy. Long on bullish cross, Short on Bearish Crosss. EVWMA is a quite interesting moving average where period of the MA is defined from volume itself. It incorporates volume information in a natural and logical way. The eVWMA can be looked at as an approximation to the average price paid per...
I wanted to create an indicator which resembles price movement, aside to volume movement. The "yellow-blue" line is the MA(5) of the RSI (9) of closing price. The "orange" line is the MA(5) of the RSI (9) of Volume . (Default plot of RSI and VRSI is not visible but can be made visible ("Settings" > "Style" > set "Opacity" of "RSI & VRSI")) The Long (Buy)...
Here is an update with PS4 and a no repaint version. As an trading example I have chosen XBTUSD on a 1 min time frame. I think it works pretty well on the first glance. But to know if it works a check over a longer time is necessary. Thanks to alexgrover for the "Ratio OCHL Averager" script.
Harmonic System Strategy Buy=crossover(X1,X2) Sell=crossunder(X3,X4)
Strategy version of my baseline indicator, helpful for back testing.
This strategy allow the user to move the EMA which control the Buy&Sell Strategy and show the EMA ribbon that can be found in the Template area. Buy showing the ribbon and letting the user to adjust the EMA signaling the B&S strat the user can create an elaborated strategy for buyPoint and sellPoint. The 35EMA Cross is choosen by default but I recommend to move...
This is a Buy And Sell Strategy I haven't seen anywhere so i share mine. Used on Bitcoin - daily chart - the strategy generate sell and buy indicator on crossover and crossunder the 150 simple moving average.
Simple EMA long only strategy, using ATR on crossings to minimize fake signals.
This script is for a triple moving average strategy where the user can select from different types of moving averages, price sources, lookback periods and resolutions. Features: - 3 Moving Averages with variable MA types, periods, price sources, resolutions and the ability to disable each individually - Crossovers are plotted on the chart with detailed...
A simple variation on the balance of power idea, using a weighted moving average and a basic lookback to attempt to predict the motion in the next tick. As far as a trading pattern goes, it's performance is rather conservative, and it is rather noisy as it doesn't do a good job of preventing quick, meaningless trades.
Watches 3 Symbols with separate timeframe control, with Hull Moving Average crossovers on each, DXY XAU/USD BTC/USD and a daily candle crossover. With StopLoss and Target Price and Backtesting history selection control. Entry and Exit rules visible in script (script open) So if DXY chart is going down and Gold chart going up and Bitcoin chart going up then...
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...