MADX is ADX-inspired indicator with moving averages that determines strength of a trend, as well as its direction. Indicator works following: As the value of MADX increases, so does the strength of a trend If MADX+ ( green line - bullish MADX ) crosses above MADX- ( red line - bearish MADX ) we consider trend as bullish and vice versa.. There will be situations...
----------------- Hey there! The indicator is used for both an overall and a short trend assessment. Both superordinate structures and subordinate movements are mapped. With the help of calculations via Ema , MACD and other tools, graphic trends can be visualized. The green areas always signal an uptrend, while the red areas indicate a downtrend. The red &...
Setup and hints: When price is above the PAC(blue bars) we are only looking to buy as price comes back to the PAC, when price is below the PAC(red bars), we are only looking to sell when price comes back to the PAC What we’re looking for when price comes back into the PAC we draw mini Trendlines (TL) utilising the Fractals and HH/LL points to guide your TL...
#ENVOYTREND Civilians don't like don't like simple strategies, but Envoys do. With the collective #envoytrend trading strategy we ensure that no one is left behind when it comes to consistent profits. By working on the very same trades we bundle our efforts and help each other out. Maintaining an Envoy Account will give us reliable returns and teach us one of...
This is the alerts for automated trading for: Power Penguin is a script that detects a trend and determines entry into the market based on the strength and price action. Thanks to all my early backers for believing in my work! This script is optimal for use in any market at this time. To request a trial for this script, please PM...
This is a tool generally I use for trend health and would recommend users to use it on daily time frame. I have different sorts of tools that I used manually but now I am trying to code my manual strategies. This is one of the tools that I have used over 7 years or so and still very effective for swing trading. Detailed trading strategy based on this tool is...
//FriendlyTrend Signal// Our Tradingview representation of our strategy. Trend-Following techniques combining analysis of buying and selling on fractals, entering low-risk positions at counter-trend points, and trailing-stop orders along moving averages. //Strategy// Red/Green circles indicate counter-trend entry positions. These are not lagging and form on the...