1) Green candle close above 50MA
2) Green candle close above 20MA
3) MA of RSI(14) is cross upward 50
Result: displays green up arrow
1) Three red candles in a row
2) Any candle close bellow 20MA
3) MA of RSI(14) cross downward 50
Result: displays green diamond
1) Red candle close bellow 50MA
2) Red candle...
The last seven recessions were preceded by an inverted yield curve. This is preset to the 2 year and 10 year US bond, weekly, but you can set it to whatever you like.
Published with source code for anyone to modify. This is the first in a series of indicators I intend to publish as a package of economic recoverty/recession symptom indicators.
The 3 most important moving averages:
EMA13 - gives institutional bias (enter trade at the touch of this line)
SMA 30 - medium term trend (bullish if price stays above, bearish if price stays below)
SMA 200 - long term trend (bullish if price stays above, bearish if price stays below)
By Pequet gist.github.com
Mixing three Simple Moving Averages (7 - 20 - 65) to determine "uptrends" and "downtrends".
Uptrend: When the 7 Line is upper than 20, And 20 Line is upper than 65 that usually means the price is trending up.
Downtrend: When the 7 Line is lower than 20, And 20 Line is lower than 65 that usually means the price is trending down.
This script was made to find in real time the "Ponto Contínuo" setup, made by trader Stormer.
When the prices touch on SMA2 and it's goin up, the entry long is ploted.
If the SMA21 is going down, the entry short is ploted.
Moving averages (EMA & SMA)
The script contains moving averages:
- Exponential Moving Averages: EMA20, EMA50, EMA100, EMA200
- Simple Moving Averages: SMA50, SMA100 & SMA200.
You can display all of them in one chart and they count as one indicator (perfect for non pro users) switch each of them on or off and change their colors and line widths.