Triangular Moving Average (TMA) bandsWhat in the world is up folks ??!??
Here's the indicator of the day. Sharing a simple one today because I'm busy coding for a few clients (fun life of a top script author on TradingView)
The TMA bands is an indicator that I discovered on FXCM a few years ago FXCM TMA bands
From the screenshot above, we see that when the price hits the lower band, it's a possible reverse BUY signal. When it hits the upper band, it's a possible SELL signal
Methodology
1) The Take Profit 1 is the middle line, Take Profit 2 is the opposite band.
2) Once the TP1 is hit, set your Stop Loss to breakeven
3) Once the TP2 is hit, if you still want to stay in the trade, set your Stop Loss to the TP1
That's what we call a trailing stop loss which I offered in the Trade Manager : Trade-Manager-Open-Source-Version/
It will be a powerful tool in your arsenal for some scalp/intraday trades
After years of coding for traders, I worked with many brokers/API/languages so I'm very used to convert a script from a broker to another one (shameless self-advertising)
PS
Tomorrow I'll share the Signal version of my Algorithm Builder:
You'll be able to connect it in a single click to a very cool Backtest System made by the Pinescripters community
In other words, I'm selling the scripts to allow you to build your own signals in a few clicks AND to connect it easily to a kick-ass backtesting tool. More to come tomorrow
Hope you'll like it, like me, love it, love me, tip me :)
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Feel free to hit the thumbs up as it shows me that I'm not doing this for nothing and will motivate to deliver more quality content in the future. (Meaning... a few likes only = no indicators = Dave enjoying the beach)
- I'm an officially approved PineEditor/LUA/MT4 approved mentor on codementor. You can request a coaching with me if you want and I'll teach you how to build kick-ass indicators and strategies
Jump on a 1 to 1 coaching with me
- You can also hire for a custom dev of your indicator/strategy/bot/chrome extension/python
Scalping
Ma'RenkoMa'Renko is simple, yet powerful trading system designed to help scalpers who use Renko charts (including ATR-based, but it should work with any type of candles as well). The thickness of color bands represents different trend characteristics (mostly volume and speed of price changing) which allow a trader to filter out false pivot points, enter and exit more wisely. The chart speaks for itself.
Shawn Pivots Trend ScalperThis is a script that scans the market for opportunities of breakouts following the trend
requested by trader Shawn
Deviation Bollinger Band On-the-Fly Scalping System (3 Dev's)3 Deviation Bollinger Band On-the-Fly Scalping System
check meangreenmoneymachine.com
read "Scalping Forex with Bollinger Bands & Maximizing Profits by Joseph Wohlers
Sonja D'AlertsThis is a script request by user Sonja,
This script uses the pivots and tradingview oscillators to predict market movements
MarketSpy ARmageddonMarketSpy trading suite was designed to sniff out momentum swings and allow you to profit riding the wave. No matter what market, no matter the timeframe - this is all you need, from here on out this is your trading desk.
It's made up of three main components (with future add-ons in development):
1. MarketSpy X - the ultimate entry and exit tool that is built using custom momentum algorithm to find exact moments of reversals - without a fail. It's the one on the bottom with "green pulse dot" buy signals and "blood diamond" sell indicators.
2. MarketSpy ARmageddon (Augmented Reality) - price action overlay that analyses trends and is a confirmation tool for MarketSpy X. Can show confluence from top 5 market indicators, gives signals of reversals or chop zones, predicts prices(!) and is fully dynamic that reacts to market conditions LIVE.
3. MarketSpy S/R - This thing sniffs out and draws support and resistance based on math, not human eye. This means that MarketSpy effectively can go head to head with bots and algorithms and see right through the market to give you incredibly accurate points of interest where machines and humans sell and buy - ride the way together with the whales. Sounds cliche until you try it.
For more - visit our discord.
MarketSpy XMarketSpy trading suite was designed to sniff out momentum swings and allow you to profit riding the wave. No matter what market, no matter the timeframe - this is all you need, from here on out this is your trading desk.
It's made up of three main components (with future add-ons in development):
1. MarketSpy X - the ultimate entry and exit tool that is built using custom momentum algorithm to find exact moments of reversals - without a fail. It's the one on the bottom with "green pulse dot" buy signals and "blood diamond" sell indicators.
2. MarketSpy ARmageddon (Augmented Reality) - price action overlay that analyses trends and is a confirmation tool for MarketSpy X. Can show confluence from top 5 market indicators, gives signals of reversals or chop zones, predicts prices(!) and is fully dynamic that reacts to market conditions LIVE.
3. MarketSpy S/R - This thing sniffs out and draws support and resistance based on math, not human eye. This means that MarketSpy effectively can go head to head with bots and algorithms and see right through the market to give you incredibly accurate points of interest where machines and humans sell and buy - ride the way together with the whales. Sounds cliche until you try it.
For more - visit our discord.
Very easy scalping indicator for non skilled traderThunderScalp is bundled indicator for scalping trader with simple usage and high winning rate. It works for any time frame.
The indicators are:
Humidity Pole Signal is Buy or Sell signal based on Humidity indicator or volume consolidation mapping
Interactive Signal is Buy or Sell signal based on Chart Pattern analyzer
Pivot Support and Resistance is candle support and resistance up to 3 layer for each
Fractal Support and resistance is support and resistance based on fractal candles
Scalping MA is moving average lines which best suite for scalping
GS Signal FilterContact @voke2249 on telegram for access
Used in combination with other indicators to determine entry points
GoldmanTrenderMessage @voke2249 for access
Used in combination with other indicators to identify entry opportunities
Momentum DivergenceTrading Divergence based on Momentum (Indicator below), If you want to make this a strategy i would use all those indicators above for extra confirmation.
"Momentum Divergence" indicator includes the following:
-"Momentum Waves" (blue waves)
-"Stochastic RSI" color change (green/red lines)
-"RSI" (purple line)
-"Money Flow Index" (green/red bar below)
-"Volume Weighted Average Price" ( (yellow/red areas ) (not included yet, but i will include it soon))
Green/Red circles added for possible trend Reversals
Alerts can be set on those Green/Red circles
How to Trade:
Draw Divergence between waves as shown on the chart for LONG/SHORT position (From a Big Wave to a small Wave ... The big Wave MUST be above Blue line in order to draw a divergence line (60 Threshold))
When to Sell:
There is no specific way to exit but with support/resistance zones will help to exit position AND the other indicators will help too (DONT GET GREEDY)
More info:
Since this is a combination of oscillators it should work in any time frame.
-MUST use Heikin Ashi candles.
Coming updates:
-Include VWAP
-Automatic draws divergence between HH HL LH LL waves with pine script version @4
SKARB Long/Short Scalping EURUSDThe indicator is specially created for scalping the euro-dollar
Best timeframes 5 m and 15 m
EMA - Trend Strength - 1m ScalperThis is a very special script based on volume, supertrend and ATR which works successfully on a 1m chart for bitmex.
ETH/USD
LTCM19
XRPM19
EOSM19
ADAM19
BCHM19
*private use only
Tonislonis ReversalsHello,
so this is one of my so called "algos", which I crafted to give me indication of one certain pattern happening. I saw that this "pattern" had some pretty nice returns, if you use it on daily chart on big cap stocks and mix it with order flow or unusual option activity (sweeps).
Best entries happen when the yellow triangle appears little bit away from 13 EMA. Check the order flow and if everything looks like you have an edge, then take a trade and take profit near 13 EMA.
Not gonna share any code, because it's my magical "black box", which I built and be grateful that I'm even publishing it. Not gonna share anymore information about this. Just if you like it then use it and if not then don't.
Now go out there and make a living from it taking trades as some freaking yellow triangles show you entries lol.
5X 15-min Momentum Scalper by SW9KThis is the alpha release-candidate study script with indicator alerts included. It is currently open for select individuals to test.
The core of this momentum scalper is primarily based on a modified Schaff Trend (which in itself is based on Stochastic elements and MACD) and a modified T3-CCI oscillator, specifically calibrated for 15-minute type movements -- do not apply to any other timeframes. Although it will take small scalps, it is designed to recognize when to ride out underwater positions so use maximum leverage or 5X or you may risk liquidation. Also, there is a stop loss setting feature, but it may reduce profits and win rate.
You can verify the highly accurate 75% win rate performance statistics with 100,000 XBTUSD contracts simulated at .
Features:
40% 3-month net profit, 74.48% win rate, 2.988 profit factor, 3.13% max drawdown, adjusted Sharpe ratio of ~3
Optimized for 15 minute timeframe scalping
Attempts to recognize when to keep position open and ride them out into profitable or breakeven
Profitable even with full Bitmex taker fees (0.075%)
Pyramiding Setting (default 3)
Aggressive Mode to increase entries and potential profits at higher risk
Easy-to-set binary Alerts
Follow SW9K at www.twitter.com
(ง ͠° ͟ل͜ ͡°)ง Larry Connors RSI-2 Scalping StrategyMore info here:
stockcharts.com
and here:
systemtradersuccess.com
Very interesting and simple scalping strategy with unbelievable results.
I added 4 versions that combines only the RSI OB/OS thresholds.
Also the single variable that you can change is the RSI, sometimes RSI 3 or RSI 4 works better then the original.
Also his exit point is not quite good in these days, so I added TP and SL to adjust it according to the market conditions.
Added re-entries.
It works in any time frame, so play with the TF, RSI and with all 4 variants until it fits to your needs.
Enjoy!
Zekis
Mossy PopMossy Pop is a variation on the CM Chris Moody Pop 1 that is on the public library.
Bars are colored to show when the Pop is red crossing over the blue line turning bullish (Green Buy Bar)
or when it is overbought in green turning into blue going bearish (Red Sell Bar)
Use with other indicators but can work well on confirming a position on its own.
I find it worked best with Heikin Ashi but candles are fine.
Use with Mossy ADX DI for quick scalping profit and to confirm Buy/Sell signals!
Percent Ladder Scalp Helper [BVCC]This is a simple proof of concept model for a tool that allows you to overlay a percent reference anchored on a specific price point. It projects a ladder of horizontal lines at percent levels 1%, 2%, 3%, 4%, and 5%. It will then begin filling in target zones when price closes above these targets. Above 5% all fills will be lime green, below entry, fill will be yellow as a warning and below SL, red to remind you GTFO of the trade.
this tool is intended for use in quick trade setups where the trader is looking to scalp for small percentages and will help save time in determining % based targets. The colored alarms are a bit fancy but simply serve as a graphical feedback system that can perhaps be developed into something more useful in the future.
User may input entry price and preferred SL in the format dialogue.
If 'auto calculate sat value' is checked, then the user can enter whole numbers for their entry. For instance if your entry is at .00000585 sats, you can just enter 585. If you are working with something besides btc or prefer to enter full sat input, simply uncheck this option.
scalping signalshere is a scalping indicator that give you signals with different ways..
share with me your idea for improving it...