STRATEGY 1 USE ONLY IN BAJFINANCE YOU HAVE TO TAKE TRADE AFTER 10AM (LET MARKET SETTLE FIRST) DO NOT TAKE TRADE AFTER 2:45 OPEN CHARTS GO TO INDICATORS TYPE “TRADEVALLEY” AND SELECT IT(ITS AN CUSTOM INDICATOR) IF NOT GETTING INDICATOR THEN ADD IT TO THE FAVOURITES (OR MSG ME ON INSTAGRAM HANDLE) 2 LINES WILL B DRAWN ON CHARTS (BLUE & YELLOW) CHARTS TIMEFRAME...
Level: 2 Background Volume-Weighted Average Price (VWAP) is a trading benchmark used by traders that indicates the average price that a security has traded for throughout the day based on volume and price. This is important as it gives traders insight into the trend and value of a security. The Commodity Channel Index (CCI) indicator was created to identify...
Based on my VWAP + Fibo deviations indicator, I tested some strategies to see if the indicator can be profitable; and I got it ! This strategy uses: H1 timeframe Weekly VWAP +1.618 / +2.618 / -1.618 / -2.618 Deviations Extensions to create 2 bands The value of the deviation First, the 2 bands are plotted : +1.618/+2.618 painted in red and -1.618/-2.618...
Indicator to identify the beginning of a Momentum, designed to use for the Malaysian market(I haven't tried it on other markets). Best to use on 30 minute timeframe. When all criteria is fulfilled, there will be a "^" logo appearing below the candlestick . Not to be commercialised, feel free to PM me for any improvement or suggestion. Happy trading.
PIP RAID is another form of a macd Most indicator use close as their primary source which is good but side effect of it is the lag in 1-2 candles I created in the past the VPT indicator which is a volume indicator similar to OBV and I tranform it to be ised as a source insted of close . the reason for it since it a volume based indicator it faster and can help in...
This indicator is build keeping in mind how the Indian Market is formed - free-float market capitalization concept 1) Considered all banknifty index stocks according to NSE 2) Multiplied each stock Volume by its Weightage given in NSE Site every month End - means giving importance to volume by its weightage 3) Green Candle - Considered as +Ve Volume , Red Candle...
Level: 2 Background Bollinger bands are a type of price envelope developed by John Bollinger , where price envelopes define upper and lower price ranges. Bollinger Bands are envelopes that are represented with a standard deviation above and below a simple moving average of price. Because the spacing of the bands is based on the standard deviation, they adjust...
I made a Fibo variant of my first script "VWAPs + devs" : This new indicator give you the possibility to plot multi timeframes VWAP (D, W, M, 3M and 12M ) and Fibo deviations for each one. VWAP is a powerfull indicator which is used by big players to get informations if the price is "overbought" or "oversold". Deviations give the opportunity to have supports...
Disclamer: This indicator does not use actual Volume data and doesn't display any Volume data. It creates a pseudo Volume Profile by counting the high-low-2 values of candles and simulates something that is similar to a Volume Profile without using any Volume data. Core facts: Creates a pseudo Volume Profile by counting values of candles and sorting them...
This indicator is for educational purposes only, this is still being tested and developed. THE ULTIMATE CONFLUENCE INDICATOR Use this indicator with any style of trading you use, this indicator is made to refine entries to a simple mathematical science. Get rid of FOMO and limit drawdown with this way of entering the market. ZINT uses the measures of 'look...
Calculate any entry price transaction Red is cumulative of banker money, default value is RM 150,000 entry in every resolution Orange is cumulative of big money, default value is RM 50,000 entry in every resolution Green is cumulative of retailer money, default is below RM 50,000 entry in every resolution All can be set in variable resolution, check in the setting
Key Factors traced - Price: EMA (Exponential Moving Average) - Volume: WMA (Weighted Moving Avg.) - Strength (Momentum): RSI (Relative Strength Indicator) Default parameters 1. RSI at 9. Over brought & Under sold to 50 to be used as a median. This can be altered to the traditional 70:30 or 60:40 2. WMA at 21 3. EMA at 3, Exponential for Intraday trades
20 day lookback. Must be used on the 5 minute chart. Colored using the Zanger scheme. Works Monday-Friday on the NYSE from 0930 - 1600 EST Options: Disable Candle Prediction == The default code increases the ratio for the first 2.5 minutes of the candle by using exponetial decay. The increase begins at candle open by a factor of ~5 and continually drops to...
This is an alternate version of Breakout Trend Trading Strategy - V1 Only difference is, this strategy places stop orders based on calculated targets whereas V1 waits for price to close target levels and then places market orders. Hence, you will receive the target prices before trade executes in strategy. Parameters are same as that of Breakout Trend...
Strategy in nutshell: This strategy is made to be used in daily time-frames. Works better on trending instruments where volume is available. Hence, this is more suitable for trending shares rather than currencies, commodities and indexes where volume data is either not present or not reliable. Breakout signifies the continuation of trend. Hence, trade in the...
- Ultimate VWAP Bands is a script that helps to decide and further clarify areas of oversold and overbought conditions. - For example, when the price is in the lowest band it is extremely oversold relative to the VWAP . Hence it should be considered a good place to buy with a high risk to reward payoff. - Each band is set at a fixed offset away from the VWAP ....
Volume Treshold If volume of a candle is more than x percent of the average volume of the last n candles, it changes colour. Can be shown on the candles themselves and could be set to independent figures vs the volume bars Both elements of this, the volume bars and candles could be edited independently with the following values; - Lookback period how many bars...
Old private script but very nice for detection of trends it a hybrid of OBV with RSI and multiple type of MA if we change length of MA we can make to be like stoch type indicator same princeple as RSI but since its OBV it more responsive you can buy if cross lower treshold or sell if crossdown upper treshold (can be set by menue) or you can by and sell in this...