Hi Traders ! Introduction: I have recently been exploring the world of automated algorithmic trading (as I prefer more objective trading strategies over subjective technical analysis (TA)) and would like to share one of my automation compatible (PineConnecter compatible) scripts “Session Breakout Scalper”. The strategy is really simple and is based on time...
what is "RSI Divergence Strategy"? it is a RSI strategy based this indicator: what it does? it gives buy or sell signals according to RSI Divergences. it also has different variables such as "take profit", "stop loss" and trailing stop loss. how it does it? it uses the "RSI Divergence" indicator to give signal. For detailed information on how it works, you...
This script was originally shared by Wunderbit as a free open source script for the community to work with. WHAT THIS SCRIPT DOES: It is intended for use on an algorithmic bot trading platform but can be used for scalping and manual trading. This strategy is based on the trend-following momentum indicator . It includes the Money Flow index as an additional...
Hi all, This strategy is based on the Amazing scalper for majors with risk management by SoftKill21 The change is in lines 11-20 where the sma's are replaced with Triple ema's to lower the lag. The original author is SoftKill21. His explanation is repeated below: Best suited for 1M time frame and majors currency pairs. Note that I tried it at 3M time frame....
First I would like to thank to @JustUncleL since this strategy started from one of his scalper strategies This strategy can be adapted to all time charts . First it has the session where we want to trade, for this example I choosed the EURUSD so I only take in consideration london/neywork session. Its made from 3 EMA : normal slow ultra slow It has has the...
New script based on zlema. Hopefully responds better tot ake advantage of margin trading. As usual, commands for both spot trading and margin trading are included, just need to comment or uncomment (using // ) which you prefer. They are just labels so both work in the same way (long/buy, short/sell). Also added some flair to pretty it up a bit, and yes, those...