Level: 1 Background Use the difference of Jurik MA and SMA equivalent (ALMA) to observe something new for volume. Function Trading volume is an important technical indicator that is not easy to see the law. I try to match the trading volume with the deduction theory, and the deduction double-average theory is matched with the measurement capacity. I will...
Level: 3 Background Use Jurik MA to build MACD and many people need to judge the market trend against the main candlestick chart when using MACD . Function First of all, the MACD function is built with Jurik MA and ALMA for better performance. Second, the principle of MACD is the difference between EMA's long-term and short-term values. So, I wonder if it is...
Level: 3 Background A supertrend is a trend-following indicator, similar to moving averages. It is plotted against price and the current trend can be determined simply by its placement against price. It is a very simple indicator and is constructed with only two parameters - period and multiplier. Function This is my private version of supertrend, so I named...
Level: 1 Background In Traders’ Tips in January 2023, Vitali Apirine published an article in the January 2023 issue, “True Range Adjusted Exponential Moving Average (TRAdj EMA)”. I use pine v4 to script it. Function Vitali Apirine's article True Range Adjusted Exponential Moving Average (TRAdj EMA) presents how a security's True Range, which measures...
Level: 3 Background One of my favourite tool to see fast trends which is simple but powerful. It runs under below market logic. Function Best cose line is a tool to model the people's mood and preference in the market. I define a typical price as wcx, when wcx is above the best cost line, which means traders are willing to use higher price to buy, then if you...
Level 2 Background A algo for pivot points forecast for each bar of automatic multiple timeframe (MTF) data. Function In financial markets, a pivot point is a price level that is used by traders as an indicator of market movement. Pivot points are averaged from important prices (highest, lowest, closing) based on the market performance of the previous time...
Level 2 Background A algo for pivot points forecast for each bar and its low tf data. Function In financial markets, a pivot point is a price level that is used by traders as an indicator of market movement. Pivot points are averaged from important prices (highest, lowest, closing) based on the market performance of the previous time period. There are many...
Level 3 Background Low time scapling is a challenge, I am always working on developping better scalper for low timeframe (TF) Function Lower time frame trading is known as scalping. It is often considered as a risky strategy as you have a small margin to make a mistake. In fact, you have to get the best trading accounts for the scalp. Choosing a faulty account...
Level 2 Background Handicap volume is a way to understand market logic. Function I have studied many classic trading textbooks about volume. Most textbooks tell me that the most authentic indicator in the world is the trading volume, because other things can be faked, but the trading volume is real, and the real money is there, so it cannot be faked! But now,...
Level 3 Background "3/8 moving average" golden cross enters, and dead cross exits. Function This set of methods is an improved moving average usage - "38 moving average usage", we need to use three moving averages: 3-day, 8-day and 21-day moving averages. Why is it the 3-day, 8-day, and 21-day moving averages? Most of my friends may not be clear. 3, 8, and 21...
Level 3 Background This is a bullish channel with spikes for long entries. Optimized for 4H time frame. Function This indicator places a fast and smooth lines into a channel for 4H time frame. The channel can work as overbought and oversould threshold for judgement. Also, the fast and smooth (green , red lines) will cross together and you can judge short term...
Level 1 Background At the beginning of the stock price rise, the stock form is a buying point in the "N" shape. Function This form is the same as the "N" shape. What is pursued is the strength of the skyrocketing rise after the sharp rise and fall. The adjustment time in the middle of the N shape must not exceed 3-4 days! If it is an aggressive Changyang, the...
Level 2 Background Momentum effect is generally called "inertia effect". Momentum effect was proposed by Jegadeesh and Titman (1993), which refers to the tendency of the return rate of the stock to continue the original direction of movement, that is, the return rate of the stock with a higher return rate in the past period will still be higher than the return...
Level 2 Background In addition to characterizing the trend through the special parameter SAR, this dragon cloud indicator also indicates that it is currently in the corresponding stage of the bull and bear market through the cloud layer of the large parameter. Function The SAR indicator characterizes short-term trend changes and provides swing buying and...
Level 1 Background This indicator models the situation before banker fund or whales lurking, buying chips, and about to pull up. This is the simplest version of blackcat L1 Buy Back indicator with only single line of core code. Function When is the time to buy, even if you know that whales are accumulating, but how long it needs to be lurking, and when it will...
Level 3 Background This indicator models the situation before banker fund or whales lurking, buying chips, and about to pull up. This is an improved version of blackcat L1 Buy Back indicator. Function When is the time to buy, even if you know that whales are accumulating, but how long it needs to be lurking, and when it will rise is unknown. This indicator has...
Level 1 Background A classic candle pattern : beauty shoulder. Function Beauty shoulder, as the name suggests, is that the trend of the candle chart is like a beauty shoulder. The most important feature of the beauty shoulder pattern is that after it reaches the shoulder, it does not wash the market through the downward trend of the stock price, but only by...
Level 1 Background The old duck head is a classic form formed by a series of behaviors such as bankers opening positions, washing dishes, and pulling over the top of the duck head. Function A form of stock candles: (1) Moving averages using 5, 10 and 60 parameters. When the 5-day and 10-day moving averages crossed the 60-day moving average, a duck neck was...