This strategy is based on signals from the WilliamTrendFollower indicator. You can optimize the parameters of this strategy as you wish. I hope you get the most accurate result. About WilliamTrendFollower: With this indicator, we try to catch the trends in price. With continued use of this indicator, we expect it to eventually escape horizontal positions...
Indicator for the "Patrón Poderoso" strategy. This strategy is based on Bollinger Bands and RSI and try to determine overbought or oversold zones where you can trade. Both indicators are combined to provide a stronger signal. By default, it is considered an overbought zone when price is over BB upper and RSI above 80. That would be a short signal. Price below...
This is a summary table for the component top 6 Banks of Banknifty based on the current NSE defined weightage. Explanation of each Column as below: Price : The current 5 Min close price of the Component mentioned in the rows Change : The change in terms of number of point wrt to the previous day closing price Change %: The change in terms of % wrt to...
Library "KernelFunctions" This library provides non-repainting kernel functions for Nadaraya-Watson estimator implementations. This allows for easy substitution/comparison of different kernel functions for one another in indicators. Furthermore, kernels can easily be combined with other kernels to create newer, more customized kernels. Compared to Moving...
Often, a trader would like to predict the range for the next certain amount of period. This is useful for doing short strangles, Iron Fy, Iron Condor strategies. This script calculates the price range for the next 'X' number of candles on the given timeframe based on Standard Deviation formulae. It gives this range on 1 standard deviation and 2 standard...
HISTORY AND CREDITS––––––––––––––––––––––––––––––––––––––––––––––––––––––– The credit for this goes to Gilmo - Gil Morales. Who I have learned the methodology from. If you are looking to understand more, just read his books where he covers many aspects of his IBD inspired trading. Hes a disciple of Bill Oneil. WHAT IT...
Library "inChart" determine if price value is between chart high + x% and low - x% on the visible chart. inChart()
Library "ahpuhelper" Helper Library for Auto Harmonic Patterns UltimateX. It is not meaningful for others. This is supposed to be private library. But, publishing it to make sure that I don't delete accidentally. Some functions may be useful for coders. insert_open_trades_table_column(showOpenTrades, table_id, column, colors, values, intStatus,...
A raid/sweep occurs when price takes out a previous high/low i.e., price sweeps a level, grabs liquidity and reverses. When this occurs in higher time frames (HTF) like 1h, 4h, daily, etc., there's a greater chance for minor/major reversal/pullback in lower time frames (LTF). For clarification, this is not my concept - ICT students and price action traders call it...
This strategy script is a combination of two indicators developed by LuxAlgo: Triangular Momentum Oscillator & Real Time Divergences ( TMO ) Adjustable MA & Alternating Extremities (AMA) The script combines the BUY and SELL signals from the TMO indicator with the BUY and SELL extremities shown by the AMA script and waits for the smoothed candles to grow...
Quick Script to mark out round number levels. These levels often become reversal points or where the next price range will develop. This script is intended to be a tool to aid along with additional trading strategies.
What is the impact for Volume to the Prices? To respond this question, I formulate the hipótesis if a little Volume change a lot the Price, it's a reversion signal, and if a lot of Volume change a little the price, it´s because the price is established. This is one of 3 indicators created to improve this hipótesis, named: 1. Relative Volume Prices Index by...
What is the impact for Volume to the Prices? To respond this question, I formulate the hipótesis if a little Volume change a lot the Price, it's a reversion signal, and if a lot of Volume change a little the price, it´s because the price is established. This is one of 3 indicators created to improve this hipótesis, named: 1. Relative Volume Prices Index by...
Much is said about the market maker or manipulation of price, but there aren't many indicators that try to show this, until now. Using an easily customisable, but intelligent algorithm, this indicator tries to find and highlight when price is 'ranging', or 'accumulating'. It does this by looking at changes in price and quantifying the strength of the change,...
This indicator uses momentum, emas, macd trend, probability to find the best entry for both long and short positions. L = Long When the low goes below the green line (ema fast low), close is above open and momentum is up S = Short When the high goes above the red line (ema fast high), close is below open and momentum is down XS = Exit short at potential...
It's not an indication of anything here, it's just part of my operating in a simple and summarized way, I hope it helps someone. Suri's EMA's indicator is nothing more than a set of exponential moving averages (EMA). They are 12, 26, 50 and 200. Attention to the use of the indicator, it is just an INDICATOR, it should not be taken as the main point of your...
This is my SQueezeVergence indicator. It fires Buy and Sell signals based on squeeze momentum and trend. **It also creates Bull and Bear signals based on MACD divergence which should only be used as areas of support and resistance being as these signals repaint based on a 5 candle look back of pivots.** All settings are editable for better use. The default...
█ OVERVIEW This indicator uses an on-chart visual framework to help traders with the interpretation of any oscillator's behavior. The advantage of using this tool is that you do not need to know all the ins and outs of a particular oscillator such as RSI, CCI, Stochastic, etc. Your choice of oscillator and settings in this indicator will change its visuals,...