Pac — Indicatori e strategie

LuxAlgo - Backtester (PAC)The PAC Backtester is an innovative strategy script that allows users to create a wide variety of strategies derived from price action-related concepts for a data-driven approach to discretionary trading strategies. Thanks to our 'Step' and 'Match' algorithm, users can create custom and complex strategy entries and exits from features such as market structure, order blocks, imbalances, as well as any external indicators, allowing users to create entries from a sequence of conditions and/or multiple matching conditions. We included a complete alert system that will send a notification for each action taken by the strategy and we also allow users to set custom messages for each action taken by a strategy. 🔶 Features 🔹 Step & Match Algorithm More complex entry rules can be created by using multiple conditions together, this is done thanks to the Step dropdown setting on the right of each condition. The Step setting is directly related to the Step & Match algorithm and works in two ways: When two or more conditions have the same step number, both conditions are evaluated. Used to test matching conditions. When two or more conditions have different step numbers, each condition will be evaluated in order, testing for the first step and switching to the next step once the previous one is true. When the final step is true the strategy will open a market order. Used to create a sequence of conditions. This operation is complementary, as you can create a sequence of conditions with one step consisting of two or more matching conditions as long as they have the same step number. 🔹 Fully Customizable Price Action Concepts As Entries We allow the users to use market structures, order blocks, imbalances, and external sources together to set their custom entry and exit conditions. Market structures are commonly used to determine trend direction by indicating when prices break prior swing points. Their occurrence can be used as entry conditions. Order blocks highlight areas where institutional market participants open positions, one can use order blocks to determine confirmation entries or potential targets as we can expect there is a large amount of liquidity at these order blocks. Price entering, being within, or mitigating an order block can be used as an entry condition. Market imbalances highlight areas where there is a disparity between supply and demand. Price entering, being within, or mitigating an imbalance can be used as an entry condition. This system also allows the use of external sources to create entry and exit conditions, such as moving averages, bands, trailing stops...etc. 🔹 Complete Alert System Users can get alerted for any action executed by a strategy, from opening positions to closing them. The message field in the Alert Messages setting section allows for the strategy to send a custom alert message depending on the action taken by the strategy, if no messages are set the strategy will send default messages. 🔶 Usage Users can create complete price action strategies from this script, let's see an example using the following entry conditions: Long: Mitigated bearish order block occurring during the New York session after a mitigated bearish imbalance. Short: Mitigated bullish order block occurring during the New York session after a mitigated bullish imbalance. Take Profit: 2 points away from the entry price. Stop Loss: 1 point away from the entry price. We can also use features from Price Action Concepts™ to construct custom exit conditions, leading to the following strategy conditions: Long: Bullish CHoCH and price mitigates bearish FVG. Short: Bearish CHoCH and price mitigates bullish FVG. Exit Long: Price mitigates bearish order block. Exit Short: Price mitigates bullish order block. Users can achieve a wide variety of results by using external indicators as an input source for entries and exits, combining the best from price action and technical indicators. We might for example be interested in exiting a position when the RSI oscillator is overbought or oversold. 🔶 Strategy Properties (Important) This script backtest is done on daily EURGBP, using the following backtesting properties: Balance (default): 10 000 (default base currency) Order Size: 10% of the equity Comission: 3.4 pips (average spread for EURGBP) Slippage: 1 tick Stop Loss: 0.01 points away from entry price We use these properties to ensure a realistic preview of the backtesting system, do note that default properties can be different for various reasons described below: Order Size: 1 contract by default, this is to allow the strategy to run properly on most instruments such as futures. Comission: Comission can vary depending on the market and instrument, there is no default value that might return realistic results. We strongly recommend all users to ensure they adjust the Properties within the script settings to be in line with their accounts & trading platforms of choice to ensure results from strategies built are realistic. 🔶 How to access You can see the Author's Instructions below to learn how to get access.

The WAD Machine - Bitcoin Beats Hello Hello Hello, and welcome back to Bitcoin Beats! This is a Conglomeration of different scripts into 1 indicator that shows a bunch of different things. This is not all my own work but also a mixture of features taken from other useful scripts. I will say in terms of originality, it takes a certain level of skill to put this together and get it working so I'll take the credit for that. This script does all that is said below: - Plots fibonacci zones with adjustable days, weeks, months ect. - Shows lower highs, higher lows, lower lows, lower highs after recognizing candle patterns(note that this is not predictive, just shows what has already happened). - Plots a Price Action Channel(PAC). The candles automatically adjust to the PAC to give Buy and Sell signals on most timeframes. If the candles are blue, it means buy. If the candles are red, it means sell. If the candles are grey, you shouldn't be in a trade. I will not state the profitability of this method but for this section of the indicator, it's designed for entries. Exits require a more manual approach using your own trading initiative. Beginner traders should exit when the channel is hit and the candle turns grey again. However, more advanced traders can try to use the Fibonacci zones and other features to manage their positions. - Plots general trendlines automatically with customization of the lines and the length they go for. - Plots major sloping supports and resistances automatically. PLEASE TRADE AT YOUR OWN RISK. Cheers, and good bye, from Bitcoin Beats.

EMA Wave and GRaB Candles by JustUncleL This is a specialised Price Action Channel (PAC) or Wave that mirrors the indicator used by Raghee Horner, the "34EMA Wave and GRaB Candles". The Wave consist of: 34 period exponential moving average on the high 34 period exponential moving average on the close 34 period exponential moving average on the low The GRaB candles colour scheme: Lime = Bull candle closed above Wave Green = Bear candle closed above Wave Red = Bull candle closed below Wave DarkRed = Bear candle closed below Wave Aqua = Bull candle closed inside Wave Blue = Bear candle closed inside Wave Optionally display a trend direction indication along bottom of chart. References: For some details on how Raghee uses this indicator check out this: www.forexfactory.com Also her various training and webinar videos on Youtube Note: This code is licensed under open source GPLv3 terms and conditions. Any modifications to it should be made public and linked to the original code.

Traders Dynamic Index Indicator Alert v0.1 by JustUncleL This is a trend trading indicator+alert utilising the Traders Dynamic Index (TDI), Price Action Channel (PAC) and Heikin Ashi candles. About 6months ago I came across the use of TDI in "E.A.S.Y. Method" that I found in forexfactory forums: www.forexfactory.com and I was able to set up a chart based on the specifications by using Kurbelklaus scripts. However, I found that the alerts were being generated one or two bars too late, so at that time I was not successful using it with Binary Options. A few months later I found a variation of the method in the forecfactory forums which is able to generate the alerts a bit earlier, so this indicator is a modification of that early detection version. The indicator can optionally use Heikin Ashi candles only for all it's calculation. I would recommend viewing the chart with Heikin Ashi candles, these smooth out the trends and makes trends very clear. I found that this method it works good with most currency pairs or commodities and with 5min+ timeframe charts. I would suggest expiry of 2 to 6 candles. ALERT GENERATION: ================= The TDI (Traders Dynamic Index) --------------------------------------------- Volatility Band VB(34), color: Blue, buffer: UpZone, DnZone Relative Strength Index RSI(13) RSI PRICE LINE (2), color: Green, buffer: mab RSI TRADE SIGNAL LINE (7), color: Red, buffer: mbb MARKET BASE LINE MID VB(34), color: Orange, buffer: mid Indicator SignalLevels: ------------------------------- RSI_OversoldLevel : 22 (normally: 32) RSI_OverboughtLevel : 78 (normally: 68) Alert Conditions: ----------------------- Strong Buy : yellow Medium Buy : aqua Weak Buy : blue Strong Sell : fuchsia Medium Sell : purple Weak Sell : black Hints on How to use: ---------------------------- - When a Medium or Strong alert is generated and MACD histogram colour matches the direction of the alert (optional auto filter), then place trade in direction of alert candle and MACD. - I use the multi-Hull MA's for overall trend direction confirmation. - Best positions normally occur near the MACD(5,15,1) Histogram crossing the zero line. - The optional coloured Dots along the bottom of the indicator represent the first alert of this type that was generated in this sequence. - It is advisable to trade in the direction of the main trend as indicated the HULL MA red cloud: if red cloud underneath PAC then BULLISH trend, if red cloud above PAC then BEARISH trend. - Selecting the HeiKin Ashi candles does affect the MACD and MA caculations, so if you select normal candles the result chart will change. You can still Optionally select to use Heikin Ashi for calculations. - When using the Heikin Ashi candles, a good buy entry is indicated by long top wick and no bottom wick for bull (green) candles and good sell entry is indicated by long bottom wick and no top wick for bear (red) candles. - When the MACD histogram is flat and close to zero line, this indicates a ranging market, do NOT trade when this occurs. - When the PAC channel on the main chart is spread apart widely, this is an indication of extreme volatility and choppy chart, do NOT try to trade during these periods. A choppy chart is also indicated by Heikin Ashi candles with long wicks on both sides of the candles. - You can specify what strength level Alerts are generated (default 2): Level (1) means only generate Strong Alerts only. Level (2) means generate Strong and Medium Alerts. Level (3) means generate Strong, Medium and Weak Alerts.