While playing around with the standard "ta.vwap" I wondered why there was no length input, so I did some research on what the underlying calculation actually is, and did my best to augment it so as to allow for a variable length based on an oscillator value. Normal VWAP = (Number of Shares Bought x Typical Price) / Total Volume In my VWOP Calculation, typical...
Hello my friend! I'm uploading the code for your strategy. I have included a feature in the settings menu called "Entry Direction" that you can use to isolate only longs, only shorts or have both directions at the same time for the backtesting. I have set the strategy to only open 1 position at a time, it will not open a new position unless the previous position...
This is a custom trading indicator that combines several popular technical indicators such as EMA (exponential moving average), CCI (commodity channel index), RSI (relative strength index), MFI (money flow index), High-Low Bars, and ATR (average true range). This indicator can be used to identify buying and selling opportunities in the digital currency market. The...
This version of the popular Ichimoku indicator is modified to let the user choose between his classic mode and the volume-weighted mode. Every line of the indicator is customizable with this function. The Kijun and Tenkan lines are choosable from: 1. The normal version, so the average of the high and the low of the selected period 2. The volume mode, so the...
#23 on the Myth-Busting bench, we are automating the "Best Funded Account Trading Strategy (Pass EVERY Challenge!)" strategy from "Trade with Pat" who claims this strategy will pass every trading challenge out there. This strategy uses 3 open source indicators. 2 EMA's. The first one (Slow) is set to a length of 40 and a fast EMA which is set to 12. This strategy...
Hello everyone, HS,HH,LL, and EMA stands for Hull Suite, Higher High, Lower Low and Exponential Moving Average. Signal Features: • Long Position: If the Higher High and Lower Low signals are LL and LH at the SUPPORT LEVEL, plot the Fibonacci Retracement and get retracement from 0.382,0.5 and 0.618 for EP. and your SL should be at 1.1 level of the Fibonacci,...
The Momentum Trend Fusion (MTF) is a composite indicator that combines the Awesome Oscillator and the Relative Strength Index to provide a unique perspective on market momentum and trend strength. The MTF is calculated by first running the Relative Strength Index (RSI) on the Awesome Oscillator (AO) and then applying an Exponential Moving Average (EMA) on the...
Larry Williams used this system to win the trading championship Hello friends, I bring a script with a trading strategy to be used in futures such as Index, Forex and Commodities. Developed by famous trader Larry Williams. In them we use two 3-period Simple Moving Averages (Arithmetic) (one with the high price, the other with the low price), and a 21-period...
This is the updated version of the MAC cross Short/ Long indicator i had posted earlier in 2022. This script includes a RSI and EMA of the RSI with fixed OB and OS Levels. The purpose is to refine the amount of trades taken from the moving average cross on the 30 minute timeframe. In the overlay, the red and green dots indicate weather the moving cross is a...
This script uses three components:- USEFUL MA by @ALEXGROVER SUPERTREND INDICATOR(3 supertrend with different ATR and multiplier) provided by tradingview. VIX FEAR GAUGE by @bizkitbr To make it easy and line free, supertrend lines have been removed but the color fill has been kept. This makes the chart clean. For option traders, direction and momentum is...
RedK TrendBeads is a super simple 3 x Moving Average Crossover Signal (Long/Short/Break) script that provides a simple and effective way for traders to identify potential trading opportunities. By combining three moving averages and only exposing a simple signal, the script helps filter out noise and focus on the trend and the trade...
Arron Meter With Alerts is an indicator to identify the trend, and a meter shows the percentage of AroonUP and AroonDown. Alert Settings It will be part of a display of bullish and bearish signals by using the condition of the upper line cross lower line and HMA 200 cross under/over EMA 12, and also upper/lower line must be higher than 70%
TTCATR: Triangular Trend Channel ATR is a script to dynamically create a trend channel. It uses Moving Average & the Average True Range function to calculate support and resistance levels automatically. The MA choices available are: SMA = simple moving average EMA = exponentially weighted moving average RMA = moving average used in RSI WMA = weighted moving...
**Long Only Strategy** When Price drops below the ATR band below it will enter a buy on the next candle open SL at current price minus ATR* ATR multiplier TP at Mean EMA or if higher than Mean EMA and current candle low is below previous candle low or if price is above ATR NB: I would highly recommend a low fee broker (I use ICmarkets raw spread account) due to...
Setup 123 Scalper is characterized by a bottom (buy pattern formed by 3 candles where the 2nd has the lowest minimum) or a top (sell pattern formed by 3 candles where the 2nd has the highest maximum). It has a filter that only shows the signal when the asset is trending. Setup popularized by trader Alexandre Wolwacz (Stormer). Na linguagem do autor: O Setup 123...
With this indicator, we have taken McGinley Dynamic lines at Fibonacci lengths (3 to 233) as well as the average of these values, labeled the DFMG (Democratic Fib. McGinley). Additionally, these values have been inputted into a table overlay. The cross of the FibMG(233) and the DFMG can be used as a signal for long or short. The FibMG lengths of 3 and 233 are...
The Fibonacci Step Indicator assumes irregularity in calculating a moving average. It is measured as the mean of the previous lows and highs situated at Fibonacci past periods. For example, the mean of the lows from 2, 3, 5, 8, etc. periods ago form the Fibonacci step indicator. The indicator uses the formula for the first twelve Fibonacci numbers on highs and...
This is part of a new series we are calling "Strategy Myth-Busting" where we take open public manual trading strategies and automate them. The goal is to not only validate the authenticity of the claims but to provide an automated version for traders who wish to trade autonomously. Our 9th one is an automated version of the "I Tested The Best 1 Minute Scalping...