TV Community Algo is a free TradingView script that I designed from the ground to benefit the traders of this community. It has plenty of features that you will enjoy, and I have included documentation for how to use this below!
Turn the Void Lines on or off
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Turn the Signal Bars on or off
DMI (Directional Movement Index) and HMA (Hull Moving Average)
The DMI and HMA make a great combination, The DMI will gauge the market direction, while the HMA will add confirmation to the trend strength.
What is the DMI?
The DMI is an indicator that was developed by J. Welles Wilder in 1978. The Indicator was designed to identify in which direction the price...
What is it?
A simple yet effective strategy ran on the 30m chart.
This is a basic idea that can be expanded on using different indicator to either add signals or filter out certain bad signals!
The strategy consists of 1 fast moving average and 1 slow moving average.
Both of these moving averages are the Hull Moving Average
What is the Hull Moving Average?...
Forex Master v4.0 is a mean-reversion algorithm currently optimized for trading the EUR/USD pair on the 5M chart interval. All indicator inputs use the period's closing price and all trades are executed at the open of the period following the period where the trade signal was generated.
There are 3 main components that make up Forex Master v4.0:
This simple RSI-MA long/short algorithm beats the Dow by a FREAKING HUGE margin over the past century (excluding dividends and trading costs).
The algorithm uses a fast SMA of the RSI as a buy/cover signal and a slow SMA of the RSI as a sell/short signal.
Backtest period = 09/17/1916 - 11/02/2015
Dow = 98 --> 17,830 = +18,094% = 5.38% CAGR
Algorithm = net...
This is a simple swing trading algorithm that uses a fast RSI-EMA to trigger buy/cover signals and a slow RSI-EMA to trigger sell/short signals for SPY, an xchange-traded fund for the S&P 500.
The idea behind this strategy follows the premise that most profitable momentum trades usually occur during periods when price is trending up or down. Periods of flat price...
This is an PS4 update to the popular Dual Thrust trading algorithm posted by me some time ago (). It has been commonly used in futures, Forex and equity markets. The idea of Dual Thrust is similar to a typical breakout system, however dual thrust uses the historical price to construct update...
The Dual Thrust trading algorithm is a famous strategy developed by Michael Chalek. It has been commonly used in futures, forex and equity markets. The idea of Dual Thrust is similar to a typical breakout system, however dual thrust uses the historical price to construct update the look back period - theoretically making it more stable in any given period.
This is the Lord Pepe. Howdy. Basic buy/sell indicator to accumulate along a downtrend and release your stack during the uptrend and oversold levels of the stochastic. The buys should be used to stack, and sells indicate levels of profit taking, they do not signal a long term reversal, only < 25% of stack should be released on "OB" signals.
OB - overbought...
Slightly modificated and optimized for Pine Script 4.0, Ichimoku Cloud Strategy which, suddenly, good suitable for the several crypto assets.
Enter position when conversion line crosses base line up, and close it when the opposite happens.
Additional condition for open / close the trade is lagging span, it should be higher than cloud to open...
Hi again :)
Script #2 for tonight, more to come :)
This one is a Pine transcription of a FXCM/LUA script called BSTrend
I used it years ago to trade index on very low timeframes with it. I'm always looking for oscillators that are more reactive than the traditional MACD. And even more reactive than the MACD Zero Lag
This is a proof of concept that Pinescript...
This is just a basic RSI strategy that it easy to use and quite comprehensive so you can quickly test out an idea based on RSI.
- I made it comprehensive in that you can select long, short, or both.
- There is a simple moving average trend filter. You can filter for trades above, below, or don't include it at all.
- The exit is based on a simple moving...
This is a little something I created to analyze the market. Ultimately, I wanted to create something that could encapsulate the entire market as best as possible. The idea was simple, use technical analysis to create cases that would indicate entry positions and exit positions for long positions initially. After completing that, I decided to add a few shorting...
The script shows a workaround for list in pine-script via drawings.
There are few restrictions with them:
1. The size of the list cannot be more that amount of allowed drawings (about 40 by now)
2. Because the list shares the space of drawings throughout the whole script, using drawings with the list must be careful, with handly creating and removing of each...