WHAT DOES THIS INDICATOR DO? I created this indicator to address some of the significant inconveniences when analyzing a security, such as continually switching between different time frames to determine the trend and potential pullbacks, adding volume or volume-derived indicators, and finally, something that would help me determine the strength of the trend...
This algorithm draws supports/resistance levels automatically based on historic candle density at each height. The basic idea is the levels where price is rejected quickly is likely to have fewer candles in the past than the levels above and below. This does not take volume into account. The lookback and number of levels has to be kept low to prevent too many...
During a Bull market, beating the market, it's challenging. Trading strategies that buy the dips represent one of the best approaches to surf the trend and optimize the returns. The main obstacle is to gauge the dip's magnitude properly and set up the take profit level accordingly. The RSI is an excellent tool to catch price drops as it adjusts the entry to the...
This is Bitfinex's 'BTCUSD' trading pair, normalized to match the spot prices of every other liquid BTCUSD trading pair. Bitfinex is almost never aligned with the prices on other spot exchanges. The indicator is candlesticks with normalized price to make it viewable as how price should be, were it not for the strange price premium. Perhaps it is because their...
Booming Bull 15 Min strategy Conditions First 15 min candle high-low must be less than .75% Next candle is crossing either high or low
A value-packed or all-in-one indicator. The main one is probably the algorithmic signal. I have noticed a few trading groups that rely solely on their algo trading signals. I have derived my own using MACD . I find that it works better or just as good as what I have seen. The others indicators are also very powerful and could even be used on a stand alone basis....
The Volatility Trade Indicator signals bullish / bearish trend based on the volatility of the underlying asset. During bull markets, volatility is typically low and price moves occur slowly and steadily. During bear markets, volatility is typically high and price movement is much more volatile in both directions. The Volatility Trade Indicator measures the...
An experimental indicator using Pine Script Arrays. The indicators measures the rate of change of the highest highs and lowest lows. I call it the "High Low Rate of Change". The H/L Rate of Change indicator finds the delta between the current highest high and previous highest high and after some filtering places these values into an array. Same goes for the...
Hello Guys This is a reupload! The 0dte is for options trading and is used for the main 1 to 0 odte strategy! It uses volume, sector and tik analysis in order to give an understanding of looking which way to play. The next version will look at correlations between the es! Feel free to point out bugs and reach out as I want this to grow into something way stronger!
This is combo strategies for get a cumulative signal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The strategy buys at market, if close price is higher than the previous close during 2 days and the meaning of 9-days Stochastic Slow...
Introducing the alGROWithm indicator! Years of trading experience and endless hours of screen time has undeniably proven to me that the most fundamental rule of any market is: price moves from supply to supply and demand to demand. Specifically, this means that a breakout of a supply zone , the probability of it reaching the next supply zone before starting...
Level: 2 Background John F. Ehlers introuced Rocket RSI Indicator in May, 2018. Function In “RocketRSI—A Solid Propellant For Your Rocket Science Trading” in May, 2018, John Ehlers introduces a new take on the classic RSI indicator originally developed by J. Welles Wilder. Ehlers begins by introducing a new version of the RSI based on a simple accumulation...
This is SHORT selling strategy with Ultimate Oscillator. Instead of drectly using the UO oscillator , I have used RSI on UO (as I did in my previous strategies ) Ultimator Oscillator settings are 5, 10 and 15 RSI of UO setting is 5 Short Sell ========== I have used moving averages from WilliamAlligator indicator --- settings are 10(Lips), 20(teeth) and 50...
This indicator is an updated version and alternative to the ETS Trending Arrows indicator that contains the results of years of trial and error to create an indicator aiming to mimic market entry points that a professional trader would take. It has arrows to clearly show potential market entry points, and suggested stop-loss levels. This particular updated...
█ OVERVIEW This is Screener script for Mean Reversion Channel Indicator █ Description & How To Use The screener works by scanning through up to 40 symbols and list down symbols that are currently within Overbought/Oversold Zone as defined by Mean Reversion Channel indicator. The Overbought/Oversold Zone are further categorized and sorted by: Strong :...
Hi friends....publishing 5 min scalper for indian market... which shows the movement of price over time and how strong those movements are/will be, regardless of the direction the price moves, up, or down. Indicator specifically useful, as it helps traders and analysts spot points where the market can and will reverse by providing signals long (buy) and short...
Level: 2 Background John F. Ehlers introuced Recursive Median Oscillator in Mar, 2018. Function In “Recursive Median Filters” in Mar, 2018, John Ehlers presented an approach for filtering out extreme price and volume data that could throw off typical averaging calculations. Dr. Ehlers’ line in digital signal processing extends to removing extreme spikes in...
This is good old EMA (Exponential Moving Average) with a twist. The EMA line is surrounded by ATR on either side giving you visibility on how market breadth is working out. The icing on this cake is in the form of engulfing candle indications. Whenever the engulfing candle happens to be inside the size (that's upper and low ATR area limits around EMA) and the...