Ignore the other one (it contains some errors).
On this FRAMA you can play with length, SC and FC.
Just read on below links to understand more about this super useful moving average:
Simple MA's 20 and 50 are averaged to produce a mean MA line. I like the smoothness of it, and it can help you stay in a trade in the slow moving trends. Also if you start to see a large cloud in your favor, it could be a great time take the profits.
Simple strategy script I've had for a while but looks like I never published.
Although it is one of my most simple it seems to have the best profitability. It is pretty rough though. the Stoch RSI has only a little weight to the trade trigger. I'll refine it more over time or you can by all means. Basically the Stoch RSI current K line has to be OVER 40 to...
7, 30, 50, 100, 200 simple moving averages, bundled in one indicator (for users who are using the free TradingView service and can only load limited number of indicators at any given time).
You can turn each moving average on or off at will and change the colors.
This simple script uses the idea of inertia of the market. if 2 previous candles have the same color, current meant to have that too. Following this signal is equal to buying a binary option on the start of the bar (week here). Signals are shown as arrows on the series. The color of the bar shows the outcome of the current option: yellow is success, black is...
Three simple moving averages all in a single indicator for your convenience.
MA 1 - 20
MA 2 - 50
MA 3 - 100
If you like this or any of my other scripts - please consider chucking some BTC my way ;) 1LbFxAYJSVPxirT8eW31QHaGbySHyPYgMq
Firstly : Know Sure Thing, or KST , is a momentum oscillator developed by Martin Pring to make rate-of-change readings easier for traders to interpret. In a 1992 Stocks and Commodities article, Mr. Pring referred to the indicator as "Summed Rate of Change ( KST )," but the KST term stuck with technical analysts. The indicator is relatively common among technical...
created by AutemOx
This creates lines at yesterdays open, close, high, and low. It is pretty amazing use of the timenow and dayofweek variables if I say so myself 8)
Lots of moving averages are based on a weighted sum, the most common ones being the simple (arithmetic) and linearly weighted moving average. The problems with the weighted sum approach is that when your moving average is a FIR filter then the number of operations increase with higher values of length, and when the weights are based on a complex calculation this...
Original (Simple Horizontal Value and Offsets/SHV) Requested by @TAFA94
Simple adjustable incremented horizontal offset lines extending up and down from a Median point.
Set full value for manual Median point control, or set an incremental rounding value for auto Median adjustment.
Source and look-back period inputs for fine tuning auto...
The SHO is a bounded oscillator for the simple harmonic index that calculates the period of the market’s cycle.
The oscillator is used for short and intermediate terms and moves within a range of -100 to 100 percent.
The SHO has overbought and oversold levels at +40 and -40, respectively.
At extreme periods, the oscillator may reach the levels of +60 and -60....
value of close of candle < value of close of candle previous by 1 = sell
close > close1 = buy
closeorder on SL
closeorder on AutoProfit
closeorder on signal reverse (if openorder not in profit)
FRAMA: blue line, SC = 252, FC = 40, length = 252
EMA: orange line, length = 50
FRAMA seems to be the evolution of the current and much-used EMA. The basic strategy is simple: long if the price crosses up the line, short or exit if vice versa.
The main difference between EMA and FRAMA is that the first one seems to lag much more than the first...