So this Strategy is my first at when writing it's not 100% finnished. The strategy idé builds on EMA (9) being clearly over/under the EMA for some bars. If the EMA is over this will make a triggerline that when EMA (1) crosses this line it signals a buy/sell. I don't have a great TP or SL for this yet so as of now I'm only using oposit crossing of close for...
Forms a key part of a trend following trading system. Shows a channel formed by 2 EMA lines that use the highs and lows as inputs. The 3 day look-back changes the colour of the line to denote rising and falling EMA .
!!!!!!! SUPER NOTICE !!!!!! This script is not my work. It is a combination of Pythagoras_Fractal Resonance Bar and JustUncleL Super Guppy !!!!!!! SUPER NOTICE !!!!!! The idea was, I like the two indicators and wanted to combine them to see what it looked like. It's an experimental script made years ago that am posting now because people were interested...
Generates buy or sell signal if monthly candle closes above or below the signal MA. Long positions only. Inputs: -Change timeframe MA -Change period MA -Use SMA or EMA -Display MA -Use another ticker as signal -Select time period for backtesting This script is not necessarily written to maximize profits, but to minimize losses. Although it can outperform 'Buy &...
Tracks the 5 largest stocks by market cap in the S&P 500. As of May 2020 they make up 50% of the index
This is three moving average based strategy focused on trend-following. Targets and stops are set based on ATR. Following image pictures the strategy with all mas plotted: Buying conditions are: ►A smoothened moving average (red) is above the exponential moving average (yellow) ►An exponential moving average is above simple moving average (black) ►Low...
Keltner Channel with the following Moving Average types: SMA, EMA, Weighted, Hull, Symmetrical, Volume Weighted, Wilder and Linear Regression. Plus 2 bands with full color shading. The picture shows the Keltner channels with the Wilder MA, my favorite. See how easy it would have been to stay in the move down? Excellent indicator.
The Variable Length Moving Average was created by George R. Arrington Ph.D. (Stocks & Commodities V. 9:6 (219-223)) and I'm really loving this indicator. It is a great moving average that hugs the price very closely and it is fully adjustable to your needs. It detects signals extremely well and I have color coded the moving average line to make it very easy to...
Check out. This Ema / SMA Cross using Magickal NAT SIMPLE AND EXPONENTIAL CROSSES
Ema Cross tool using Ema 10 / Ema 21 / Ema 55 I have found these settings very useful for catching breakouts on Alt coins. Alerts Added, Breakout = Ema 10 crossing above Ema 21 Breakdown = Ema 10 crossing under Ema 21 Ema 55 added as a useful area to catch dips when price is trending
Indicator that draws EMA candles as overlay. Uses the EMA values for Open, Close, High, and Low each individually to draw each EMA candle. Set at 30 bar EMA by default.
The Trend Exhaustion Indicator is a custom indicator of mine that is loosely based on the Trend Exhaustion Index created by Clifford L. Creel Ph.D. (Stocks & Commodities V. 9:1 (9-11)) This indicator will let you know the trend reversal points and when it falls below the signal line then the trend is ending vice versa. Buy when the indicator crosses above the...
This is written as a system to replace the BB strategy. I think it will work well. It looks pretty stylish. Description / Usage: Adjust the length and multiplier based on your location with Bollinger Bands. The multiplier of 1 provides you with a basic channel with high and low-source EMA (or SMA). And with the 8-day exponential moving average, you can observe...
## CDC ActionZone V3 2020 ## This is an update to my earlier script, CDC ActionZone V2 The two scripts works slightly differently with V3 reacting slightly faster. The main update is focused around conforming the standard to Pine Script V4. ## How it works ## ActionZone is a very simple system, utilizing just two exponential moving averages. The 'Zones' in...
In the study of time series, and specifically technical analysis of the stock market, a moving-average cross occurs when, the traces of plotting of two moving averages each based on different degrees of smoothing cross each other. Although it does not predict future direction but at least shows trends. This indicator uses two moving averages, a slower moving...
The Sell Gravitation Index was created by Howard Wang and was published in Stocks & Commodities V37:02 (36-38) This indicator is similar to the relative strength index but the big difference is that this indicator gives early buy and sell signals which I find very helpful. Buy when it rises above its signal line and sell when it falls below its signal line. Let...
Simple indicator with the thought of merging MACD and ATR. The idea has come from trying to find a way to define sideways markets. Whipped this up quickly to explore the idea. Feel free to throw in suggestions or even mention other open source indicators that define sideways markets well. Simple instructions If histogram green, breakouts/trade zone. If histogram...
Support is a price level where a downtrend can be expected to pause due to a concentration of demand or buying interest. As the price of assets or securities drops, demand for the shares increases, thus forming the support line. Meanwhile, resistance zones arise due to selling interest when prices have increased.s their name implies, dynamic support and...