How it work ?
Work like normal MACD because this is MACD without any modify but i add color of candlestick and strategy.
The color meaning :
Green= macd > signal and macd>0 (Buy)
Red= macd < signal and macd<0 (Sell)
Yellow= macd > signal and macd<0 (Maybe reversal point)
Blue= macd < signal and macd>0 (Maybe reversal point)
- Back test range
This is a variation of an exponential moving average which follows the price pretty smoothly. Feel free to change the factor to adjust how closely it follows the price. I set the default to 0.2
Let me know if you want me to write code for any other indicators!
This strategy is using TEMA and PSAR for buying selling. Educational.
Disclaimer: if you this tool for trading which may cause losses and profits which myself or Tradingview and its partners wont responsible for it.
Using Time Frames For Trend – You can also use different time frames to determine trends with stochastic. To do this you will need to use two different time frame charts, I like to use the weekly/daily or daily/hourly combination depending on the asset. Weekly/daily works well with stocks and indices while I prefer the shorter time frame for currency and...
The Directional system is a trend-following method developed by J. Welles Wilder,
in the mid-1970s. It identifies trends and shows
when a trend is moving fast enough to make it worth following. It helps traders to
profit by taking chunks out of the middle of important trends.
1. Trade only from the long side when the positive Directional line is...
This is an indicator I have been working on for the past 2 years, developed specifically for cryptocurrency.
It is primarily a trend following indicator with great success and it performs the best in 4hrs to the weekly chart.
There are two components of this indicator.
The baseline from Ichimoku cloud and volatility stop .
baseline period = 26
EVWMA Guppy multiple moving average ribbon
Same script as the other one however this time, it uses a more traditional "Guppy" colour scheme
Script turns grey during indecision, then the colours are shown when the ribbon is spread
Ichimoku più che un indicatore potrebbe essere considerato un sistema di trading.
Ho quindi voluto implementare una strategia che utilizzasse soltanto i segnali che offre per l'ingresso ed uscita per verificarne l'efficacia nel lungo periodo su i diversi strumenti.
I segnali che offre sono i seguenti:
1) il prezzo taglia la tenkan (segnale molto debole per un...
I created this tool for the purpose of determining strongest and weakest currencies over different periods of time. Each major currency is compared to the field of other majors and its average change is measured over a predetermined period of time. The result is displayed as a percentage. I use it for trend following but it can also be used to fade...
// Copyright by Randalll.com v1.0 09/03/2016
// This indicator provides 5 Exponential Moving Averages.
// Works well on 1D,4H,1H TF
// To be used with traditional trend following strategies.
// If 50/100/200 trending in same direction. Then buy/sell
// with trend direction....