This indicator, based on the ATR, allows you to identify the potential reversal on price and helps you identify the Support and Resistance. When the price moves far away from the multiple moving average, the background color changes : - Red for Short potential entry - Green for Long potential entry There are 2 ways to use this script : - Conservative : Use it...
In this strategy, I used Wavetrend indicator (Lazy Bear). It is very simple and easy to understanding: Long when Wavetrend1 crossover Wavetrend2 and they are less than a limit value (not buy when price overbought). Stoploss at lowest 3 bar previous. R:R = 1:1,5. About other shortterm strategies for crypto market, you can view my published strategies.
Diamond Trend is an indicator clearly way to catch the trend in the begining $$
Hi All, This is a Dual/Multi TF CCI script to be used for Intraday as well as positional system. Intraday: Chart TF : 5 mins Underlying Trend CCI : CCI 34 of 30 mins TF Immediate Trend CCI : CCI 34 of 5 mins TF Execution CCI : CCI 8 of 5 mins TF The CCIs are used for entry, exit during momentum breakouts or pullbacks. General Long Setup: Buy at CCI-8 5m below...
Get 100% profit When it shows french fries it means sell and burger means buy Happy Trading Thank you
This is not a real indicator, but is what ICT use as indicator for trading futures indexes. it can only display SP500, Dow Jon Industrial Average and Nasdaq, if someone want other market can copy the code and change some parameters (is more easy than it can appear) A good idea is using this other market on backtest to confirm the divergence idea of Linda Raske,...
I spent a lot of time searching for the best ZigZag indicator. Difficulty with all of them is that they are always betting on some pre-defined rules which identify or confirm pivot points. Usually it is time factor - pivot point gets confirmed after a particular number of candles. This methodology is probably the best when market is moving relatively slow, but...
Hey Awesome Traders I noticed people were so happy with my ZigZag lucemanb script and so I made one that is more user-friendly and customizable Please note the original one is dedicated to developers, The code is very minimal for fast understanding when anyone wants to use it in their development In this script, I have included several features like...
This indicator shows the Stochastic RSI (SSRI) for overbought when the Donchian Channel (DC) is in the upper zone (between basis and upper), and SSRI for oversold when the DC is in the lower zone. The DC upper and lower have a percentage of the ATR added I call this DC-ATR. There can be numerous ways to form a strategy based on this. For a bull trend, an ABCD...
Hello All, For long time I got many request for Renko Candles and now here it's, Renko Candles Overlay . I tried to make almost everything optional, so you can play with the options as you want. Let see the options: Method: the option for brick scaling method: ATR, ATR/2, ATR/4, Percent, Traditional - ATR Period: period for Average True Range and it's...
As a longtime fan of ADX, looking at Vortex Indicator I often wondered, where is the third line. I have rarely seen that anybody is calculating it. So, here it is: Average Vortex Index - an ADX calculated from Vortex Indicator. I interpret it similarly to the ADX indicator: higher values show stronger trend. If you discover other interpretation or have...
Hey everyone 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...
Fɪʙᴏɴᴀᴄᴄɪ Exᴛᴇɴᴛɪᴏɴ / Rᴇᴛʀᴀᴄᴍᴇɴᴛ / Pɪᴠᴏᴛ Pᴏɪɴᴛꜱ This study combines various Fibonacci concepts into one, and some basic volume and volatility indications █ Pɪᴠᴏᴛ Pᴏɪɴᴛꜱ — is a technical indicator that is used to determine the levels at which price may face support or resistance. The Pivot Points indicator consists of a pivot point (PP) level and several...
Pitchfork is a technical indicator for a quick and easy way for traders to identify possible levels of support and resistance of an asset's price. It is presents and based on the idea that the market is geometric and cyclical in nature Developed by Alan Andrews, so sometimes called Andrews’ Pitchfork It is created by placing three points at the end of...
Hello Traders, For a few months I have been getting requests from my followers about ABC pattern and finally I decided to make this indicator. How it works? - It creates Trend Cloud using Simple and Exponential moving averages with the lenghts 50, 100, 150, 200, 20, 40 by default and checks the trend. you can change the lengths as you wish - It also creates...
Lets dabble a bit into Elliot Waves. This is a simple script which tries to identify Wave 1 and 2 of Elliot Impulese Wave and then projects for Wave 3. Ratios are taken from below link: elliottwave-forecast.com - Section 3.1 Impulse Wave 2 is 50%, 61.8%, 76.4%, or 85.4% of wave 1 - used for identifying the pattern. Wave 3 is 161.8%, 200%, 261.8%, or...
The Zig Zag indicator is a useful tool when it comes to visualizing past underlying trends in the price and can make the process of using drawing tools easier. The indicator consists of a series of lines connecting points where the price deviates more than a specific percentage from a maximum/minimum point ultimately connecting local peaks and troughs. The...
EXPERIMENTAL: WARNING: this strategy repaints after reloading and results are heavily curve fitted, use at your own discretion. UPDATE: (AleksanderThor) add option for a 2nd target, to use you need to activate pyramiding with a setting of 1 manually (not possible to change programatically) .