DW-3 EMA Signal LineWhen the EMA is Green the Near EMA is above the Far EMA
When the EMA is Red the EMA Far is above the EMA Near
The color changes when the EMA Near and EMA Far cross
The single line EMA is the EMA Signal line
The EMA Signal line can be set at any look back period.
Changing the EMA Signal will not change when the EMA Near and EMA Far cross, or when the color of the EMA Signal changes
Changing the Look Back Period of the EMA Signal will change how near or far it is from current price
You can change the look back period of any of the EMAs
What this does for you.....
This allows you to implement an EMA Cross while only displaying 1 EMA on the chart.
This means less clutter and allows you to adjust your "warning track" for exit rules.
In other words your EMA for your exit rule does not have to be one of the EMAs crossing.
You can tighten your exit rule EMA closer or give it more room without effecting the cross parameter.
Notice that in these images the point at which the EMA changes color (the crossover) does not change
but the proximity to current price of the EMA Signal line does.
//@version=3
study("DW-3 EMA Signal Line",overlay=true)
//SMAs
// Open Source
//======================================================
EMA_Near = input(defval=8, type=integer)
EMA_Signal = input(defval=14, type=integer)
EMA_Far = input(defval=21, type=integer)
EMAblue = sma(close,EMA_Near)
EMAred = sma(close,EMA_Far)
//color = SMAblue > SMAred ? #6DBEE5 : red
color = EMAblue > EMAred ? lime : red
plot(ema(close,EMA_Signal),color=color,linewidth=4)
Cerca negli script per "signal"
Complete Ichimoku Trader *modified*I just found this script from @kingthies here and like it. So i just made some changes and added some little code into it.
Reduced some noise for the signals. Hope anyone can enjoy it. But keep in mind, did not test it on live trading! Had just some time and love to work in pine :)
Original
Happy Trading
Keltner Channel signalsUsing pupytherapy script
and the same system that we use for Bollinger and linear channel we can make easy the signal for the Keltner channel
I need to think how to make all those channels to combine I hope in next version I could do it :)
Candlestick Signals StrategyThis strategy allows you to pick from 9 different candlestick patterns, and test them against historical data from your chart. You can get a good idea what patterns work best for each chart by turning each pattern on and off in the settings.
Adaptive Zero Lag EMA [STUDY]A user has asked for the Study/Indicator version of this Strategy .
If you encounter the error "loop....>100ms" simply toggle the eye icon to hide and unhide the indicator
The following is simply quoted from my previous post for your convenience: (obviously there won't be risk, Stop Loss, or Take profit parameters!)
OPERATING PRINCIPLE
The strategy is based on Ehlers idea that any indicator can be turned into a signal-producing trade system through smoothing and other filtering processes.
In fact, I'm using his Zero Lag EMA ( ZLEMA ) as a baseline indicator as well as some code snippets he has made public (1). God bless open source!
Next, I've provided the option to use an Instantaneous Frequency Measurement (IFM) method, which will adaptively choose the best period for the ZLEMA (2)
I've written other studies that use the differential calculus approximations for IFM, so it was only natural to include them in this strategy.
The primary two are Cosine IFM (3) and In-phase Quadrature IFM (4). You can also find an indicator with both plotted and the ability to average them together, as one IFM prefers long periods and the other short. (5)
BEFORE WE BEGIN
1. This strategy only runs on "normal" FX pairs ( EURUSD , GBPJPY , AUDUSD ...) and will fail on Metals or Commodities.
Cryptos are largely untested.
2. Please run it on these time frames: M15 to D.
Anything outside this range will likely fail.
HOW TO USE AND SUCCEED
1. If the Default settings don't produce good results right off the bat, then lower gain limit to 1 or 2 and threshold to 0.01.
2. Test each setting under adaptive method. If you want to leave it Off, then I'd recommend using some kind of IFM (see my links below) to
discover the most efficient period to use.
3. Once you have the best adaptive method chosen, begin incrementing gain limit until you find a nice balance between profit factor ( PF ) and drawdown.
4. Now, begin incrementing threshold. The goal is to have PF above 2 and a drawdown as low as possible.
5. Finally, change the source! Typically, close is the best option, but I have run into cases where high
yielded the highest returns and win rate.
6. Sit back, relax, and tweak the risk until you're happy with the return and drawdown amounts.
ADVANCED
You may need to adjust take profit (TP) points and stop loss (SL) points to create the best entry possible. Don't be greedy! You'll likely have poor
results if the TP is set to 300 and SL is 50.
If you are trading a pair that has a long Dominant Cycle Period, then you may increase Max Period to allow the IFM
to accept longer periods. Any period above the Max Period will be rejected. This may increase lag time!
Cheers and good luck trading!
-DasanC
(1)www.mesasoftware.com
(2)www.jamesgoulding.com
(3) Cosine IFM
(4) I-Q IFM
(5) Averaging IFM
IFM stands for Instantaneous frequency measurement
Volume ImpactVolume Impact (The area)
Average Volume (The thick line, xTrigger)
Volume Impact = Volume Chance - Average Volume
It provides very reliable buy sell signals. Buy(green) when increasing, sell(red) when decreasing. Volume Impact might drop before the actual price so it has an early warning potential.
Before trend changes volume average diverges from the prices. It moves reverse to the prices.
Also before trend changes, volume impact peaks diverges from price peaks. So you know a big drop is coming.
Klinger Volume Oscillator inspired this indicator... This data is there but it is more difficult to interpret.
In summary, you can foresee trend changes.
MTF candles by yatrader2 signalsthis is the signal version of this study
alerts included
for more detail look at original study
Renko Strategy Open_CloseSimple Renko strategy, very profitable. Thanks to vacalo69 for the idea.
Rules when the strategy opens order at market as follows:
- Buy when previous brick (-1) was bearish and previous brick (-2) was bearish too and actual brick close is bullish
- Sell when previous brick (-1) was bullish and previous brick (-2) was bullish too and actual brick close is bearish
Rules when the strategy send stop order are the same but this time a stop buy or stop sell is placed (better overall results).
Note that strategy open an order only after that condition is met, at the beginning of next candle, so the actual close is not the actual price.
Only input is the brick size multiplier for stop loss and take profit: SL and TP are placed at (brick size)x(multiplier) Or put it very high if you want startegy to close order on opposite signal.
Adjust brick size considering:
- Strategy works well if there are three or more consecutive bricks of same "color"
- Expected Profit
- Drawdown
- Time on trade
This strategy uses Renko charts with TRADITIONAL bricks, so no repaint.
Study with alerts, MT4 expert advisor and jforex automatic strategy are available at request.
Please use comment section for any feedback.
Candlestick smoother + x-SignalingHey!
This is a script I remade from various scripts I had.
It's a smoother of candlestick by VWMA , that means that will give information about the trend strenght and actual situation, as you might notice.
I also added a crossing over signaling with RED/GREEN colours.
When the chart is coloured red, means that soon there will be a selling opportunity.
When the chart is coloured green, means that soon there will be a buying opportunity.
For any question, just do it! ;)
Enjoy the ride, and always φ !
Volume Weighted MACD + x-SignalingThis is a script I remade from 2 previous TDuser's scripts.
Thanks community for sharing, I hope you find it useful.
φ!
Ichimoku With SignalsA variation on Ichimoku Cloud that has markers for strong/neutral/weak bullish/bearish signals.
BAHbO - multi indicators and signals SMA,BB,RSI,Engulfing,Signal4 SMAs - 9,21,55,200
Bollinger Bands - 21
Engulfing patterns
Fractal Support Resistance
Bullish and Bearish Engulfing signals
Engulfing Candles
Bollinger Bands + RSI combined indicator with signals
Better MACD with clearer cross and histogram signalsSimple but much needed visual improvements to the default MACD script. First, every time the MACD and signal cross, a white cross is placed on he chart, which lets you quickly identify the crosses. Second, whenever the histogram goes from increasing to decreasing or from increasing to decreasing, a color change occurs. Colors can be customized under "Style" tab under settings.
RSI Swing SignalThis indicator is a tool designed to be used with Steven Hart's RSI Exhaustion strategy. For more information google TheTradingChannel or look him up on YouTube :)
The default RSI settings for this strategy are:
RSI Overbought: 80
RSI Oversold: 20
Length: 7
When the RSI gets above 80, the line will turn red and the script will begin looking for a specific type of engulfing candle to go short. The same is true when the RSI gets below 20, but the line will turn green and look for longs. It is best used as a back-testing aid, but it can also be used to send emails or SMS alerts whenever the conditions are met. It can also be used as an alternative colored RSI indicator by removing the signals in the settings menu and changing the RSI parameters to whatever you normally use. This can aid in RSI divergence and overbought/sold strategies.
Entries:
The bright green and bright red lines represent the first type of engulfing candle.
The dark green and red lines represent the second type of engulfing candle.
Some pairs perform best with only one of these entries, while others work fine with both.
This is a counter-trend or consolidation strategy, and is best used in combination with trend-continuation or trend-following strategies. As always, make sure you back-test it before you use it to trade as it works better on some pairs than others.
Rule Number 1 SignalsThis script takes the Rule #1 3 tools and plots them on the graph, to provide an additional level of indication for when to sell and when to buy.
HOWTO: Skip consecutive signalsThis code snippet is an answer to @IagoLemos getsatisfaction.com
Written in hope that it would be helpful.
It shows how to skip duplicating signals.
Cheers!
MMI SignalTrend trading strategies filtered by the Market Meanness Index.
This is a port of the experiment described at
www.financial-hacker.com
www.financial-hacker.com
www.financial-hacker.com
www.financial-hacker.com
The Market Meanness Index tells whether the market is currently moving in or out of a "trending" regime. It can this way prevent losses by false signals of trend indicators. It is a purely statistical algorithm and not based on volatility, trends, or cycles of the price curve.
The indicator measures the meanness of the market - its tendency to revert to the mean after pretending to start a trend. If that happens too often, all trend following systems will bite the dust.
Inputs
Price Source: Either open, high, low, close, hl2, hlc3, or ohlc4. The default value is hlc3.
Trend MA Type: Either SMA, EMA, LowPass, Hull MA, Zero-Lag MA, ALMA, Laguerre, Smooth, Decycle. The default value is LowPass.
Trend MA Period: Sets the lookback period of trend MA. The default value is 200.
MMI Period: Sets the lookback period of the Market Meanness Index. The default value is 300.
TSP Sexy RSIThe Sexiest RSI in Town !
- Range zone are indicated with lower colors
- MA 10 cross signals
Wolfe Waves Signals [NXT2017] by the rules of Bill WolfeScript to find entries of Wolfe Wave Point 5 for Pinescript in Tradingview
Dear followers,
in my search for a good Wolfe Wave screener I havn't success. This is why I wrote my own script for find good Wolfe Waves entries for Pinescript in Tradingview.
The script calculate the relationsship between wave 4 (point 4 to point 5) and wave 3 (point 3 and point 4) in combination with the relationsship of wave 3 and wave 2 (point 2 to point 3). The first relationship should like the rules be 127.2 % and the second relationship 68.2% - but not every pattern join in this rule. This is why I give a little room to move around this values.
In one hand the higher the green peak, the longer and stronger the wave for buysetup and on the other hand the lower the red Peak, the longer and stronger the wave for sellsetup.
My skills didn't sufficient for show the lines of Wolfe Waves. If you have a modified version with lines with EPA and ETA Points, so please be so Kind to inform me.
Of course, not every signal is a good signal, so look to the rules of Bill Wolfe and on a perfect pattern be active.
At least I wish everyone a good tradingtime.
Demo Advanced Signals MACD [mz]Just a view of the hidden MACD that is used by my Advanced Buy/Sell Signal Indicator found here:
CM_Ultimate_MA_MTF - Modified SXFrancis w SignalsULTIMATE MOVING AVERAGE BY CHRIS MOODY :
Modified By : FrancisRosario
--
Added : BUY And SELL Signal @ MA Cross
CM_Ultimate_MA_MTF - Modified SXFrancis w SignalsULTIMATE MOVING AVERAGE BY CHRIS MOODY :
Modified By : FrancisRosario
--
Added : BUY And SELL Signal @ MA Cross