This is combo strategies for get a cumulative signal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The strategy buys at market, if close price is higher than the previous close during 2 days and the meaning of 9-days Stochastic Slow...
This combines a trend based setting (MACD) and an oscillator (RSI) into one, creating a little extra room to add something else. Everything is colored based on whether RSI above/below 50. Adjust the parameters to your liking. Of course, this setting works best when used on multiple time frames: Enter on one time frame, take profits on a lower one.
This script is intended to help understanding better and practice how to exit DCA deals that are in negative. Multiple factors factors are relevant when trying to exit a bad deal: How much funds are invested What's the current average position price How far the price has already dropped from that average Is the price bouncing significantly and frequently to...
The Folded Relative Strength Index was created by Richard Poster (Stocks and Commodities July 2021 pg 21) and this indicator provides both trend strength but also momentum and of course reversal points using the overbought and oversold markers. If the indicator line is above the mid line then this shows upward momentum and when it falls below the midline then this...
Published 10 June 2021 MCDX Pro+ | BMS Bull Momentum System Pro Use this indicators with other BMS indicators. (Smart Power / MC Pro++ / SMI Pro+) How to use: This indicator detects Banker volume. Green Bars = Retailer ( Bearish / Downtrend) Gray Bars = Hot Money (Sideways / FIFO) Red Bars = Banker Smart Money ( Bullish Uptrend) Pink Bars = Weak Banker...
This is an updated RSI version of the original RSI built-in indicator where the oversold and overbought areas are highlighted. People who are familiar with MotiveWave, this RSI updated version has a similar look as the RSI indicator in MotiveWave. Enjoy it!
This indicator enhances the RSI with support and resistance zones and an EMA. RSI: a regular RSI (default: orange / 14 period) EMA: an EMA on the RSI (default: light gray / 10 period) RSI support/resistance zones SR-Zones for bull markets: In a bull market the price tends to find resistance between 80 and 90 and support between 40 and 50 RSI. SR-Zones for...
This strategy is designed to use the RSI and EMA filters. A 200 period EMA is used for short / long filters, and the 50 period EMA is used to determine the direction of the short term trend. In addition, the script uses "rate of change" for the fast EMA (trend), volume , RSI (momentum), and price (volatility) and only takes trades when all are in optimal...
This indicator provides back-tested signals and alerts from multiple technical indicators. No more guessing whether or not you should trust an indicator. See your indicators' past performance at a glance. No more false alarms. Disable re-painting of signals. When multiple indicators overlap, a Confluence indicator will print (large triangle). With your...
The RMI indicator is intended as a general upgrade to the RSI indicator based on logical improvements to the underlying mathematics of the RSI function. The first change is that the RMI indicator uses the maximal change in price in both directions rather than simply the change in the closing price to better capture the relative momentum in each direction. The...
This script is a simple extension of the Built-In Stochastic RSI that also plots the RSI and prints the values of ATR and ADX of the last bar of the current timeframe to a small table in the corner. The script can be used to define the entry for a trade when the stochastics crossed and RSI is below or above 0.50 (for going long or short). OANDA:BTCUSD I like...
RELATIVE STRENGTH INDEX (RSI) This is a tool that is widely used Especially for Overbought and Oversold systems, but I have made some changes in this indicator, How to use it...! I have set it as the default setting - RSI Length: 7 - Overbought: 70 - Oversold: 30 What is unique about this tool? we can see 3 conditions: 1) RSI Overbought / Oversold with...
Gradient color RSI will help the Vikings determine if they are sailing the seas for their next pillage (Oversold), or blood on the land that will send them back to the seas to fight another day (Overbought). The color gradient helps to easily identify the current situation of the sentiment. The High/Low bands are set at a standard 70 and 30. An Oversold situation...
Moving averages are filters on price data. This moving average creates a filter which factors in: - the price RSI or it's Momentum - the volume RSI - the RVI or Volatility Each factor is put through a least squares filter to smooth them first. Then the factors are used to build a coefficient for an exponentially weighted average. The chart above shows a...
This is combo strategies for get a cumulative signal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The strategy buys at market, if close price is higher than the previous close during 2 days and the meaning of 9-days Stochastic Slow...
Tipsy EMA v0.2a Coded by vaidab. A simple strategy to buy dips in an uptrend. How to use: - buy on trend when price retraces to the orange "buy" line and compound orders - sell when price reaches red line (stop loss) or at 💰 (take profit) Note that you can reverse trade on the 💰 sign for a short scalp / day trade. Uptrend: green/red...
This indicator displays the RSI levels of two different timeframes defined by the user (default value are 5mins and 15mins) with the overbought (default 70) and oversold (default 30) levels.