Alert version of the strategy with the same name This is crypto and stock market trending strategy designed for long timeframes such as 4h+ From my tests it looks like it works better to trade crypto against crypto than trading against fiat. Indicators used: RSI for rising/falling of the trend BB sidemarket ROC sidemarket Rules for entry For long: RSI values...
Markets don’t always trade in a clear direction. At a closer look, most of the time, they move sideways. Relying on trend-following strategies all the time can thus lead to repeated false signals in such conditions. However, before you can safely trade sideways, you have to identify the most suitable market conditions. The main features of such strategies...
Sideways detection indicator using Bollinger bands . In this case we take the original ratio between lower and upper and we smooth it even harder in order to get a better idea about the accuracy of the trend. If the initial ratio is not between 0 and 1 and the smooth ratio is higher than our selected value, we get an idea if we are a in trending market or...
Usage: The purpose of this indicator is to programmatically determine the type of price trend using technical analysis tools. You can do a quick check on the asset’s higher and lower time frames. For example, if you are trading on an H1 chart, you can check the m5 chart to ensure that the trend is in the same direction and similarly check the H4 chart to ensure...
This is my take on a grid trading strategy. From Investopedia: "Grid trading is most commonly associated with the foreign exchange market. Overall the technique seeks to capitalize on normal price volatility in an asset by placing buy and sell orders at certain regular intervals above and below a predefined base price." This strategy is best used on sideways...
Detect sideways markets (green background) vs. trending markets (red background) with this indicator. It makes use of the Bollinger bands % as its base.
RSI is a momentum indicator, however most people seem to be using it to go against the momentum by trying to identify tops/bottoms using it. Its in my opinion the wrong way to be using it. It can be easily used for trend following which seems like a better use for it. Uptrend - RSI > 60 Downtrend - RSI < 40 Sideways - RSI between 40 and 60 If however not...
Experimental : This script identifies the consolidation of a stock for selected time period. The consolidation period and range can be configured. 2 levels of consolidation levels can be selected. i.e Strong and medium. The range for strong and medium level of consolidation can also be configured by the user. A movement in the direction of breakout of the...
This is a refactored and advanced version of my filter tool "Chop and Trade Zones" A simple yet powerful way to filter out choppy ranges or sideways moves without missing out on good trades. It calculates the %-distance of the price to a moving average so you can ignore buy/sell signals around the center line. The upper and lower line are thresholds to catch...
A simple yet powerful way to filter out choppy ranges or sideways moves without missing out on good trades It calculates the %-distance of the price to a moving average so you can ignore buy/sell signals around the center line. The upper and lower line are thresholds to catch reversals of the trend when the distance to moving average is increasing. Thanks...
Hello, Hello, Hello, And welcome back to Bitcoin Beats. This is another version of my previous script, "Range Indicator - Bitcoin Beats". Designed initially for breakouts but shows adaptive ranges and consolidation in XBTUSD(Haven't tested other assets but should do the same thing). If we are consolidating (which is most of the time) a good strategy to trade...
Hello, Hello, Hello, And welcome back to Bitcoin Beats. Today I'm going to show you my Ranges Indicator. Designed initially for breakouts but an analysts mind quickly spots the other uses for this indicator. If we are consolidating (which is most of the time) a good strategy to trade would be to trade ranges. However, as soon as you spot the range it can feel...
Based on code by oh92 and kiasaki. Measures volume to indicate Bull vs Bear. Go long when green, short when red, wait patiently when white.
THE GRID BOX MAPPER This indicator maps out (literally puts a box around) potentially profitable grid range areas. Not only that... it highlights each grid range box (red or green) to indicate the likely trend tendency for the forthcoming price action. Rarely a day goes by when a grid trading opportunity is not waiting for you... never miss another...
Highlights areas where there is an increase in volatility and trend. Does not determine direction, just good times to trade.
Simple script for coloring inside bars to spot them easier (color can be adjusted)