The Session Master script highlights the last 15 minutes of the trading session and draws lines indicating the high and low of the previous session. Additionally, it includes the calculation of the ADX (Average Directional Index) and DI (Directional Indicators) to help traders identify trend strength and direction. Here is a breakdown of its features: Key...
EMA and SMA Crossover Conditions: Buy Signal: 9EMA crosses above the 20SMA. Sell Signal: 20SMA crosses below the 9EMA. Profit and Stop Loss Targets: Profit target: Set at a distance 3 times greater than the stop-loss. Stop-loss: Set at a certain percentage below/above the entry point. Visualization: Use green arrows for buy signals and red arrows for sell...
In this code, we use the RSI value greater than or equal to 70 as a buy signal and set the stop loss at a price lower than or equal to the SMA 200 to reduce trading risk. We sell when the price is below our SMA line. Try using it and let me know if you achieve the expected results. If you have any further questions, I'd be happy to help!
This indicator plots three Simple Moving Averages (SMA) on your chart and marks candles where the price crosses the selected SMAs. Additionally, it provides alerts when these crosses occur, making it easier to identify potential trading opportunities. ## Features: - **Customizable SMAs**: Set your preferred periods for the Fast, Medium, and Slow SMAs. -...
The Volume Storm Trend (VST) indicator is a robust tool for traders looking to analyze volume momentum and trend strength in the market. By incorporating key volume-based calculations and dynamic visualizations, VST provides clear insights into market conditions. Components: Calculating the median of the source data. Volume Power Calculation: The...
strategy on ema 12 and ema 21 crossing use on daily time frame for spot trading
The script signal where and when to buy and sell base on combination of moving averages, MACD, and momentum, ive perfected this code to be as accurate as possible to indicate the highest possible and yet safe point to Sell, and the lowest possible and yet safe point to buy, works on any time frame. enjoy :)
Plots the average of an Exponential Moving Average and Variable Moving Average. Allows for the responsiveness of an EMA while still smoothing out the volatility of significant short-term moves. * Modified version of Variable Moving Average by LazyBear
The indicator consists of 7 clouds / ribbons. Each of them constitutes resistance / support depending on which side of the cloud the price is on. If they are stacked one below the other - red (12), orange (48), light blue (144), dark blue (288), green (720), light green (1440), purple (3456). This marks the beginning of a period of strong growth. More mature...
please use SOP 1. make a buy when price crossed up MA20 2. price must make a new high 3. MACD crossing up 0 4. Exit position when price crossed down MA20 - can HOLD position if price not crossed down MA20 in 4H timeframe
cross over exponetial moving average for buy or sell signal on gold market only
"This strategy is developed using five different moving averages. These five averages are calculated over different timeframes and work together to confirm and validate trends in the market. The first three averages are the main components of the strategy and generate trading signals. The closing price is evaluated based on the position of these three averages....
Ema crossover Strategy with trailing stop loss. Best suited for Indian stocks with KST indicator, Buy Conditions: Price to be above all Ema's in order. Price breaks upper band and lower band is the stoploss. Sell Conditions: Price to be below all Ema's in order. Price breaks lower band and upper band is the stoploss.
Ema Crossover strategy with Trailing Stoploss added, No need to change the settings,backtested with Indian stocks for best results Basic strategy is to buy when price crosses the upper band with lower band stoploss
Custom MA Crossover Indicator with 100 Point Target