Fill indicates Strong Trend
Cross indicates End of Trend
El relleno indica una fuerte tendencia cuando el Di supera "Level Trend"
El cruce de Di+ con Di- indica el fin de la tendencia
Cuando el valor del ADX es menor a "Level Range", estamos en Rango
Absolute Retracement is a tool to obtain support and resistance levels.
It is designed for macro-level support and resistance and should be used on daily, weekly or monthly timeframes.
1. Define the Reference Point
There are 4 methods to define reference point and start initialization of the script:
- All Time Low / All Time High : The...
This is a new version of my "Divergences"
Compared to my "Divergences (Pivots)", this is calculated totally different
There are 3 options:
- Stoch RSI
Since this script is very heavy in calculation it is limited in time (= inspired from a script of "Che_Trader")
Also it uses "max_bars_back" (=1000)
This study is an experiment utilizing the Ehlers Gaussian Filter technique combined with lag reduction techniques and true range to analyze trend activity.
Gaussian filters, as Ehlers explains it, are simply exponential moving averages applied multiple times.
First, beta and alpha are calculated based on the sampling period and number of poles specified. The...
The Intraday Momentum Index (IMI), developed by Tushar Chande, is a cross-breed between RSI and candlestick analysis. IMI determines the candle type that dominated the recent price action, using that to pinpoint the extremes in intraday momentum.
As the market tries to bottom after a sell off, there are gradually more candles with green bodies, even though...
B3 Directional Trend Index ~ All about the trend! William Blau is the designer of this gem, and IMHO it is the best trend finder of all the lagging indicators out there I have tested. It is important to pay attention to the slope and thickness of the line, and its relationship to zero. A reversion to the zero may look momentous, but in fact it could reverse...
This is a Multi-Timeframe version of my Trailing SL Strategy.
Few weeks ago I published Trailing SL Strategy. There I used only basic Trailing SL to enter positions.
It worked pretty well so I tried to work on it a bit. I thought what if you can use the same ATR TSL on different timeframes and combine them into one signal.
In this strategy you can use only ATR...
This study spots the points that are most profitable in the trend with a code color and shape. This also shows trend divergences and possible reversal or reentry points
Keeping the parameters simple, this study only needs one parameter, the length of the base moving average, which by default is set to 34.
There are seven colors used for the study
Sharing a sample Supertrend strategy to illustrate how to calculate a convergence and using it in a strategy
I based the setup as follow:
- Entries on Supertrend MTF breakout + moving average cross. Entering whenever there is a convergence
- exit whenever a Simple Moving Averages cross in the opposite direction happen
- possibility to filter only...
My strategy uses a combination of three indicators MACD Stochastic RSI.
The Idea is to buy when (MACD > Signal and RSI > 50 and Stochastic > 50) occures at the same time
This strategy works well on stocks and cryptos especially during market breaking up after consolidation
The best results are on Daily charts, so its NOT a scalping strategy. But it can work...
OBV is colored green if CCI > threshold, red if CCI < threshold.
Both "threshold" and "CCI Length" can be customized using the options page.
Indicator also displays a 13EMA (length can be changed) over OBV.
This is a simple yet powerful indicator that can replace volume, Money Flow, Chaikin Money Flow, Price Volume Trend (PVT), Accumulation/Distribution Line (ADL), On Balance Volume (OBV).
When "Baseline Chart" option is disabled, it looks similar to regular volume. The volume bars has two shades of green and red. The dark shade shows amount of accumulation and the...
This indicator draws signals on the chart when a Bullish MACD Crossover occurs at the same time RSI is "oversold", and also when Bearish MACD Crossover occurs at the same time RSI is "overbought"
Indicators are drawn on the chart in the following scenarios:
1. Bullish signal
a. MACD bullish crossover occurs on a single bar
b. RSI was below the Oversold...
This simple RSI-MA long/short algorithm beats the Dow by a FREAKING HUGE margin over the past century (excluding dividends and trading costs).
The algorithm uses a fast SMA of the RSI as a buy/cover signal and a slow SMA of the RSI as a sell/short signal.
Backtest period = 09/17/1916 - 11/02/2015
Dow = 98 --> 17,830 = +18,094% = 5.38% CAGR
Algorithm = net...