Overview This script trades basic hammer and shooting star candlestick patterns. It's an extremely simple strategy with minimal filters, and according to my personal manual backtesting and automated trading results, performs best on the Daily chart on certain forex pairs. It is intended to be traded on the forex markets but theoretically should work on all...
Hi, Welcome to my 4th script. Someone asked me some questions about the Bollinger Band strategy I previously published. When I went back to my published script I couldn't help myself but simply try and make it better. Which I did. Since I've published that script, I've gained much more knowledge about how Pinescript functions. As well as gaining more and more...
Based on @ChrisMoody Williams_VIX_Fix and @glaz Matrix Series . This indicator identify potential zone of reversal according to momentum and volatility. Includes VWAP CCI and QQE Signals.
This script is a major trend following script. The calculations use Keltner Channels, moving averages and RSI. The indicator is simple to follow: Green Candlesticks indicate more bullish momentum expected Red Candlesticks indicate more bearish momentum expected blue dots are possible long ideas due to RSI oversold Orange dots are possible short ideas due to...
Howdy Algo-Traders! This example script has been created for educational purposes - to present how to use and automatically execute TradingView Alerts on real markets. I'm posting this script today for a reason. TradingView has just released a new feature of the PineScript language - ALERT() function. Why is it important? It is finally possible to set alerts...
This is an improved version of Fisher, which use as a source the distance from EMA , compared to the initial source which was on the close of a candle. It can be used in any market, any time frame . For conditions we have multiple conditions for the logic, in this case initially if our fisher is above 0 is a long direction ,if its belowe 0 its a short...
This is a preety good strategy suited for long term trading. It has been adapted and optimized in this case for GBP/JPY 1D time frame. Its made of Kiojun baseline, together with ATR for stop loss and size calculation and Williams % R For the purpose of this example we simulate that we have a leverage of 100x in order to be able to buy the ammount of lots...
Hi, today I bring you a price action strategy/indicator for Forex, made out for Marubozu candle type. For the entries of it check if we have a long or a short marubozu. For exit we have for long when the actual candle is green and the last previous two were red. For exit we have for short, when the actual candle is red and the last previous two were green. If...
This is a forex strategy suited for day traders, specialized in the london breakout session The key elements for this strategy are the specific london time session, together with an exit time(before asian trade/at the end of new york session). At the same time, as logic elements we only use price action inside like : For long we have 3 ascending candles, and...
Dynamic Take Profit & Signals (DTS) help us to dynamically place potential take profit levels. These levels are measured based on standard deviation in conjunction with swing high and low points. Head over to the settings to control your take profit and multiplicative factor setting. In short, higher values of either setting will return more spread out between...
World Clocks - something for fun Happy New Year! ps: in case no update on the charts then the clock will not update too and will lag or stop till a new update is received
Hello, this is both a strategy and indicator that revolves around Heikin Ashi candles. In this case we take 3 different time frames, in this example we use daily , weekly and monthly. The conditions for entry are : For long : we check that we have a green daily candle, at the same time we check that the weekly and monthly candles are also green. For short : We...
This is a powerfull strategy which is made from combining 3 multi timeframes into one for profit max indicator In this case we have daily, weekly and montly. Our long conditions are the next ones : if we have an uptrend on all 3 at the same time, we go long. If we have a downtrend on all 3 of them at the same time we go short. For exit, for long, as soon as...
Hello, today I bring another amazing strategy for forex . Its made of T3 moving average , combined together with a pattern rule and a specific entry time. We take all of that and we trade it in inverse. So what normally for long would be : close higher than the previos high and close higher than the average, we use this as a short condition. We do the same...
Swing Reversal Indicator was meant to help identify pivot points on the chart which indicate momentum to buy and sell. The indicator uses 3 main questions to help plot the points: Criteria Did price take out yesterday's high or low? Is today's range bigger than yesterday? (Indicates activity in price) Is the close in the upper/lower portion of the candle?...
This strategy is mainly designed for swing trading applied to FOREX. In this case we make use of 2 moving averages but with different time frame, lets say 1h and 1 day. When they cross above we would initially have a long trade, but in this strategy we trade it in reverse, so we would actually enter a short position. The same for short trade. At the same time...
"Momentum Explosion Template for Mobile Metatrader", that is a trading system trend momentum based on two Commodity Channel Index (CCI) , RSI and two Moving Averages.The trading signals are generated by the crossing of the moving averages confirmed by the agreement of the two CCIs and the RSI. Two Moving averages Filtered by double CCI and RSI Credit is to...