Direxion Daily Junior Gold Miners Index Bull 2X SharesArca
Açıklama
⋅
The Basics
Buy and Sell Signal Arrows
Tack Marks to show how close the next opposite arrow might be- showing possible trend reversals
Standard Bollinger Bands
The Nitty Gritty The buy and sell signal arrows are based on price and MACD histogram. The MACD settings are as follows: 10 day fast EMA, 20 day slow EMA, 5 day SMA signal smoothing. Instead of close price, we are using the average point of the day's high, low, and close.
For the arrows, current price and yesterday's price are the average point between price high and low. A BUY arrow is created when: Current Price IS GREATER THAN Previous Price _AND_ Current MACD Histogram IS GREATER THAN Previous MACD Histogram
A SELL arrow is created when: Current Price IS LESS THAN Previous Price _AND_ Current MACD Histogram IS LESS THAN Yesterday's MACD Histogram
The Red Tack is the threshold, or barrier, for the next arrow. It will not move.
The Blue Tack is the current point in space for our average Price and MACD Delta Values. It will move throughout the day (or hour or minute depending on your resolution). The Blue Tack will give you an indication of how close or how far from the reversal threshold (Red Tack) the ticker is at that point.
While the Blue Tack is ABOVE Red, the most recent signal arrow will be a buy, and we are in a buy/hold period. While the Blue Tack is BELOW Red, the most recent signal arrow will be a sell, and we are in a sell/wait period. If the Blue Tack crosses above or below Red, you'll get the next arrow.
The Bollinger Bands are unmodified and are just a background indicator for your use. If you prefer not to see the Bollinger Bands, change their transparency to 0% to hide them.
Please leave feedback on how the script works for you, if you run into problems, if you have any changes you'd like to see, etc.
Sürüm Notları
⋅
Adjusted the initial display for better view.
Sürüm Notları
⋅
Adjusted initial view again, attempting to "reunjumble" the arrows and text boxes.
Sürüm Notları
⋅
Updated Title
Sürüm Notları
⋅
Added Buy/Sell alerts.
Now you can enable alerts to text message for when you get a buy or sell arrow.
Sürüm Notları
⋅
Fixed arrows after adding alerts.
Sürüm Notları
⋅
Added an alert that will notify you for either arrow, Buy or Sell.
Sürüm Notları
⋅
Added 10 Day SMA, labeled plot lines and shapes.
Sürüm Notları
⋅
Lots of changes. Arrows are produced less often now, preventing false sell alerts, based on 2 day SMA and 10 day SMA.
hello sir ; can you give me access of the indicator.
easymatic
⋅
Is this script written for daily time frame specifically? Or does it work on any time frame?
Z3R0-G3N3S1S
⋅
@easymatic, Did you get an answer? I believe it is made for daily but has the same question.
rhnene514
⋅
thank you for this. I will give a try. can u suggest any other indicator to combine this with. one of two indicator that can confirm the buy and sell signal, Blue and Red tack?
DConradsson
⋅
Hi man :) is it possible to gå in access to your script? :)
thaihbn
⋅
Love this.
JWilson_Esq
⋅
Hey Matt, this may be a bit of a strange question, but is there a way I can modify the script to allow painting of consecutive buy/sell arrows? Many thanks, JW
easymatic
⋅
Hi, is there a way to limit the time to which the backtester is applied? Looks like a great indicator!
SocietyPlayer
⋅
can you please the code...it could help to learn for me
Q10
⋅
when i post the code into my script editor it says "Add to chart operation failed, reason: the script must have one study() or one strategy() function call." any ideas why this isn't working ?
can you give me access of the indicator.