Strategy based on MACD and Bollinger Bands, where BBs are calculatend from macd signal.
Strategy doesn't open at breakout of bands but it waits for a pullback.
Upper and lower bands are used as resistance and support.
There are various parameters that can be optimized.
I have also a study with alerts.
Please use comment section for any feedback or cointact me...
This script is used for analyzing the correlation between 24/7 markets with regards to the price action during NYSE session. Defaults to showing daily session open/high/low but there is the option to show the weekly session data.
Copy of "Trendlines - JD" script by Duyck, which draws Trendlines from the pivot points in the price chart.
I have simply Doubled the amount of Trendlines, so now there are;
A Primary set of Trendlines at a higher lookback length and Thicker Line Width
A Secondary set of Trendlines at a Lower lookback length and Thinner Line Width
The default values work...
Larry Williams Developed This Incredible Indicator. It Gives The Same Readings The VIX does for Stock Index’s…But This Indicator Works on All Asset Classes.
I Customized The Settings Slightly To Create “Percentile” Based Highlight Bars…So You May Need To Adjust Slightly For Your Asset Class. These Are The Standard Settings Shown Here. Designed For Daily...
Famous Filtered Pivots Indicator -Many TimeFrames Available
***Special Thanks to TheLark...AKA...The Coding Genius For Providing His Expertise...
***New Feature - Ability to turn On/Off Pivot Moving Average
***New Feature - Ability to turn On/Off Filtered Pivots (Explained Below)
Available Timeframes (Change In Inputs...
Support and Resistance using donchian channels to validate tops/bottoms
(note: while donchians follow price closely within look back window, this will only update new top/bottom when making new extremes in the donchian channel)
combo with other systems:
New Williams Vix Fix - Major Update - Filtered Entries - Additional Alerts - And Much More...
***01-05-2015 Major Updates Include:
***ALL Features Available To Turn On/Off On The INPUTS Tab!!!
FILTERED ENTRIES -- Plus AGGRESSIVE FILTERED ENTRIES - HIGHLIGHT BARS AND ALERTS
*Alerts Enabled for 4 Different Criteria
*Ability To Plot Alerts True/False Conditions...
Fairly simple script that automatically draws highs and lows for the past X periods at various intervals.
3 Settings :
"Sensitivity" which amounts to the horizontal separation from one high to the next high (default multiplicator : 10)
Variable "b" which is the HEX color for resistances (default : red)
Variable "c" which is the HEX color for supports (default :...
Guppy EMA Trend Based Indicator Requested by 2use
1. If Fast and Slow EMA's are ALL in Uptrend. Fast EMA=Aqua Slow EMA's=Green.
2. If Fast And Slow EMA's are ALL in DownTrend. Fast EMA's=Orange Slow EMA's=Red.
3. If Conditions 1 or 2 = False the Color=Silver.
4. If Down Trend Slow EMA's = Resistance.
5. If Up Trend Slow EMA's =...
First of all, I'd like to thank Ricardo Santos, Backtest Rookies for the inspiration for this script.
Actually, most of it is coming from them and I only mixed them up (and added my secret sauce ^^). If some of you are not thinking about a trading secret sauce, please get serious for a moment :)
Some of you asked me how I do to set the trend...
With this support and resistance indicator, if you want more levels just change the timeframe it looks at in the settings. It will pull the SR levels off the timeframe specified in the settings. Note: SR1 and SR2 timeframe should match.
Support and Resistance Levels + Zones for 3 time frames, based on volume at fractal levels with Zones based on wick size which is a true reflection of a Zone when compared to other S/R Zone scripts which only use a thick line not based on anything.
Original script is thanks to synapticex I have just migrated to version 3, heavily modified it and added Support and...
Heard this story from Larry Williams…the trader who holds the record for winning the U.S. Trading Championship by turning $10K in to 2 Million.
A trader named Owen Taylor developed this formula as a Floor Trader before to calculate the Projected High and Low of the next day.
The formula worked so well…Owen charged other Traders 1K to get it.
I was pretty...