Simple Overbought/Oversold indicator
You can change long to short in the Input Settings
WARNING:
- For purpose educate only
- This script to change bars colors.
Works on Bullish divergence indicators and is identical to MACD during an uptrend, works best on 2H or higher timeframes.
Incorporates a SL which can be changed at will. SL is also used as a buy signal on lower timeframe crossovers.
Uses 6H MACD to differentiate between up and downtrends.
Recommend to take profits at pivots, trendlines instead of strategy's...
I made this script to incorporate Stochastic RSI with EMA crossovers and VMACD, it is only to buy and sell (Users can modify it create shorts)
I personally recommend only using this when a downtrend reversal is imminent as it finds the bottom well. Signals generated on a downward moving StochRSI must be ignored. Used best with StochRSI and VMACD...
Provided the option to backtest as a strategy. This is a replacement of a study - i am removing the study script.
Choose outer or inner bound for trigger.
Try different time frames - longer seems better.
This is RSI indicator which is more sesitive to price changes.
It is based upon a modern math tool - Laguerre transform filter.
With help of Laguerre filter one becomes able to create superior
indicators using very short data lengths as well. The use of shorter
data lengths means you can make the indicators more responsive to
changes in the price.
You...
A very simple strategy based on stochastic and EMA. It gives very high probability trades but you tend to miss out on the majority of a move so it's best to take as a guideline.
Further refinement from version 6 to handle sideways movement and bearish trends slightly better. Surfing the waves on 15m timeframe seems to work well.
Still have no Idea how to avoid spam entrys on sideways or low difference price moves.
It's my first script, so if you have any idea how make it's better - let me know
Use it with Ashi, 15m.
This is a 10-day Skew Strategy on v2.
The strategy:
You go long in negative skew because the data looks like its leaning forward like a bull.
You sell when the skew is positive because it looks like energy decay.
notes:
It might be more responsive using the median instead of ema?
I'm not good with v3 yet.
Don't PM for code help. Click the Help documents.
Please do read the information below as well, especially if you are new to Forex.
The Cowabunga System is a type of Mechanical Trading System that filters trades based on the trend of the 4 hour chart with EMAs and some other familiar indicators (RSI, Stochastics and MACD) while entering trades base on 15 minute chart.
I have coded (quite amateurishly) the basic...
Hello fellow traders and automation lovers.
It has been about 2 years since we originally created Autoview to connect your exchanges/brokers with your TradingView alerts. We've since added multiple exchanges, parameters and have built a large community filled with awesome, passionate traders.
One of the first strategies we built was sadly not a viable one for...
Updates: Optimized the pyramiding parameter. Strategy.entry function to place orders. Strategy.oca.reduce group was used to reduce risk. The return was increased and the maxdrowdown did not rise too much comparing before.
Need to do: When stop level was triggered, it will not close all positions but only the eraliest position. I will update it to close all...
This simple indicator gives you a lot of useful information - when to enter, when to exit
and how to reduce risks by entering a trade on a double confirmed signal.
You can use in the xPrice any series: Open, High, Low, Close, HL2, HLC3, OHLC4 and ect...
You can change long to short in the Input Settings
Please, use it only for learning or paper trading. Do...
