People often ask me what is my best indicators, i can't really respond to this question with a straight answer but i would say you to check this indicator. The Autonomous Recursive Moving Average (ARMA) is an adaptive moving average that try to minimize the sum of squares thanks to a ternary operator, this choice can seem surprising since most of the...
Script for automatic trading with Alerts (Use Backtest to customize your own settings)
All timeframes but good results on 2H.
LG --> Long
ST --> Short
TS --> Trailing Stop
xL --> Close Long Position
xS --> Close Short Position
SL --> Stop Loss
The trailing stop closes the trade if the price changes direction by a specified percentage or offset. There is no...
Trade Range Indicator BASIC - AltSumo.com
Ideal for automatically updating the traderanges on a hourly, daily, weekly or monthly timeframe .
You don't have to add support/resistance lines manually anymore.
Just choose the desired range timeframe and the indicator will add the the ranges on the chart....
A market moving sideways will break out at one point in time. The trader does not know if the break-out will be upwards or downwards. Both are possible. The Range & Stop indicator offers the possibility to place an order in the edge of the fixed range area. If one order is executed, the other order can be the take profit order.
If price its trending price will...
ADX is used to quantify trend strength. ADX calculations are based on a moving average of price range expansion over a given period of time. The default setting is 14 bars, although other time periods can be used. ADX can be used on any trading vehicle such as stocks, mutual funds, exchange-traded funds and futures.
ADX is plotted as a single line with values...
Trade Range Indicator Advanced - AltSumo.com
Need multiple timeframe support/resistance lines? We got you covered!
Ideal for automatically updating trade ranges on a hourly, daily, weekly or monthly timeframe .
Just choose the desired range timeframes and the indicator will add the the ranges on the chart.
Each timeframe can be adjusted to your own settings....
Support and Resistance using donchian channels to validate tops/bottoms
(note: while donchians follow price closely within look back window, this will only update new top/bottom when making new extremes in the donchian channel)
combo with other systems:
PATI Asian Range with London and NY Trading Sessions Highlighted
Highlights trading sessions used by PATI criteria.
Shows the Asian trading range (highest high and lowest low) for each day.
Meant to be used on the 15m chart.
Feel free to adjust the session times to fit your timezone if they don't line up.
Learn to day trade with this indicator, visit...
Example how to select and set date range window to be backtested. Normally when you change chart period it changes the number of days being backtested which means as you increas the chart period (for example from 5min to 15min) you also increase the number of days traded, so you can not compare apples to apples for which period would yield best returns for your...
PRO Framework is here to help traders identifying interesting price areas to trade on. This indicator is absolutely not meant to give trading signals, but to filter out those who will have to be avoided when they occur into uninteresting prices.
This indicator has been designed to assist traders who want to learn the PRO Strategy, it's meant to be combined with...
// Shows the price renko bars (or range bars) instead of the PERIOD renko
// bars that are integrated into Trading View. The normal renko bars that
// Trading View offers only consider the drawing of a new brick when the
// price closes above or below the required brick size. This can produce
// misleading charts since depending on the time interval of a chart,...
---- May 05 2015 -----
Added support for filtered ranges:
RID V3 : pastebin.com
RIDv3 has full backward compatibility (!?), meaning all my descriptions below still apply for V3.
-- In addition, I have added a NON-OVERLAY mode, which can be put in its own pane, that shows the number of bars in the current range.
-- in Overlay mode, you can...