This is a very specialised and optimized script, for 1m EURUSD traders - daytraders, scalpers. 1m trading is very difficult, but it can be also most profitable, if done right. Why difficult? It is hard to detect market direction - usually when trend indicators reverse, that new trend is already over. One and the same indicator signal sometimes provides one...
The Bollinger bands set the standard deviation of the reversal points with smoothing over the specified period. That is, if you want to see the standard deviation of resistance and support on an hourly chart with a smoothing period for one day, then you need to set the period 24 in the settings. In this case, the pivot points always coincide with the chart. The...
* Best use for trading in Forex markets HOW IT WORKS Pixel parts : - (U) The first pixel is a pixel that shows a trend during an uptrend, a trend when the market is considered bullish (above the MA20 line) - (V) The second pixel is the volume pixel, showing the up and down movement of the buy / sell volume . - (M) The third pixel is the momentum pixel, showing...
© 2013 John F. Ehlers Super Smooth Move Average Improved In “Predictive And Successful Indicators” in this issue, author John Ehlers describes a new method for smoothing market data while reducing the lag that most other smoothing techniques have. I applied an improvement to the formula that prevents the repainting of the color change, especially when chart is...
Overview This script trades basic hammer and shooting star candlestick patterns. It's an extremely simple strategy with minimal filters, and according to my personal manual backtesting and automated trading results, performs best on the Daily chart on certain forex pairs. It is intended to be traded on the forex markets but theoretically should work on all...
Hi, Welcome to my 4th script. Someone asked me some questions about the Bollinger Band strategy I previously published. When I went back to my published script I couldn't help myself but simply try and make it better. Which I did. Since I've published that script, I've gained much more knowledge about how Pinescript functions. As well as gaining more and more...
The market analysis dashboard allows you to view multiple markets simultaneously to make a quick and timely decision. You can add up to 6 markets per panel between Forex, Cryptos, Stocks, Futures, CFDs, Indices, and comparing their current state in any different timeframe in which you are currently, selecting it from its configuration. Below is the explanation of...
point of possible Reversal, PPR : in this strategy I have tried to find out the possible Reversal points in the forex pairs. It’s the most resisted levels from where the trend takes up a particular direction. These PPR can lead the price in any direction depending upon the time zone its happening in. In this strategy once the code finds a PPR it then checks for...
BitcoinNinjas NINJASIGNALS V4 (Script) (for Cryptocurrencies, Forex, GunBot, ProfitTrailer, Autoview, CryptoHopper, manual or automated trading, and more) This is version 4 of our Ninja Signals trading script, with accompanying backtesting strategy. BitcoinNinjas NINJASIGNALS V4 (Strategy) •Allows users to easily set automated buy/long and sell/short...
BitcoinNinjas NINJASIGNALS V4 (Strategy) (for Cryptocurrencies, Forex, GunBot, ProfitTrailer, Autoview, CryptoHopper, manual or automated trading, and more) This is version 4 of our Ninja Signals trading script, with accompanying backtesting strategy. BitcoinNinjas NINJASIGNALS V4 (Script) •Allows users to easily set automated buy/long and sell/short...
Please read all Details before using this indicator This strategy is based on taking position after the break of a Previous High/Low swing happens (fixed time frame), the break of structure happens because of the swing happens then we go long or short respectively in this strategy. I will be discussing the setting details through which you can make it work on...
This is a special version RSI, in this case , I am using the volume, which is measuring the speed and change of volume to the price both up and down size. Volume RSI attempts to gauge price trend changes via changes in bullish and bearish movements. Its formula is : VoRSI = 100 - 100 / (1 + VoRS) where VoRS is Volume Relative Strength over specified period which...
These are upgraded MasterChartsTrading Price Action Indicators with future projections --- How to understand price action. It is very easy to read price action if you have a reference point. These support/resistance lines are there to help you read where the buyers and sellers are likely to make a stand. You can also think of these indicators as moving pivot...
Forex Risk Buddy - Lite Position Size, Stop Loss & Take Profit System The ultimate system to calculate trading risk on forex markets. The 'Lite' version is limited to the EUR/USD forex trading pair. 💵 Forex Position Sizing De-risk possible drawdown by calculating a proper position size. Define your risk percent based on your net value Freely...
Forex Risk Buddy Position Size, Stop Loss & Take Profit System The ultimate system to calculate trading risk on forex markets. 💵 Forex Position Sizing De-risk possible drawdown by calculating a proper position size. Define your risk percent based on your net value Freely define your account currency Trade any asset by the customizable Base /...
Based on @ChrisMoody Williams_VIX_Fix and @glaz Matrix Series . This indicator identify potential zone of reversal according to momentum and volatility. Includes VWAP CCI and QQE Signals.
Dear Followers, today another awesome Analysis Tool, that you can use for day scalping: Volume Analyzer ! This indicator works on every market, pair and timeframe lets you see analysis of a different timeframes using the resolution parameter has an optional trend colored background (I suggest to disable it if you use a different resolution) ...