The related article is copyrighted material from
Stocks & Commodities.
You can change long to short in the Input Settings
WARNING:
- For purpose educate only
- This script to change bars colors.
This script sets defaults that I like to start with:
Trade commission set to 0.25%
Allow multiple buys before sells
Fixed trade size
Also included are setting a minimum desired gain (change gain_protection to 0 if you want to sell regardless of your gain), and buying only if it will reduce your average bought price (change avg_protection to 0 to turn this...
The RVI is a modified form of the relative strength index (RSI).
The original RSI calculation separates one-day net changes into
positive closes and negative closes, then smoothes the data and
normalizes the ratio on a scale of zero to 100 as the basis for the
formula. The RVI uses the same basic formula but substitutes the
10-day standard deviation of...
The Relative Momentum Index (RMI) was developed by Roger Altman. Impressed
with the Relative Strength Index's sensitivity to the number of look-back
periods, yet frustrated with it's inconsistent oscillation between defined
overbought and oversold levels, Mr. Altman added a momentum component to the RSI.
As mentioned, the RMI is a variation of the RSI...
The indicator represents the relative convergence/divergence of the moving
averages of the financial asset, increased a hundred times. It is based on
a different principle than the ADX. Chande suggests a 13-week SMA as the
basis for the indicator. It represents the quarterly (3 months = 65 working days)
sentiments of the market participants concerning...
The theory behind the indexes is as follows: On days of increasing volume,
you can expect prices to increase, and on days of decreasing volume, you can
expect prices to decrease. This goes with the idea of the market being in-gear
and out-of-gear. Both PVI and NVI work in similar fashions: Both are a running
cumulative of values, which means you either...
it's a repainting script cheating on tester, on backtesting %100 correct but on forward testing it will only work % 15 correct and %85 wrong. I did another script showing real forward testing results of this script.
Script based on True Strength Index (TSI) and RSI
A technical momentum indicator that helps traders determine overbought and oversold conditions of a security by incorporating the short-term purchasing momentum of the market with the lagging benefits of moving averages. Generally a 25-day exponential moving average (EMA) is applied to the difference between two...
This back testing strategy generates a long trade at the Open of the following
bar when the %K line crosses up UpBand line.
It generates a short trade at the Open of the following bar when the %K line
crosses down DownBand line.
You can change long to short in the Input Settings
WARNING:
- For purpose educate only
- This script to change bars colors.
This strategy uses the RSI indicator together with the Bollinger Bands to go long when the price is below the lower Bollinger Band (and to close the long trade when this value is above the upper Bollinger band).
This simple strategy only places a long, when both the RSI and the Bollinger Bands indicators are at the same time in a oversold condition.
In this new...
The Pivot Detector Oscillator, by Giorgos E. Siligardos
The related article is copyrighted material from Stocks & Commodities 2009 Sep
You can change long to short in the Input Settings
WARNING:
- For purpose educate only
- This script to change bars colors.
The Polarized Fractal Efficiency (PFE) indicator measures the efficiency
of price movements by drawing on concepts from fractal geometry and chaos
theory. The more linear and efficient the price movement, the shorter the
distance the prices must travel between two points and thus the more efficient
the price movement.
You can change long to short in the...
** Tired of Script showing a trade that you stopped out on but is still long on your script? Not any more**
I used Pine script to create realistic trading scenarios for SL users. Now your scripts will reflect what you see on the order book.
a=0.0
a := (*Insert buy condition*)? close: nz(a )
plot(0.98*a, color= green) //2%SL for BUY
b=0.0
b:= (*Insert Short...
The Percentage Volume Oscillator (PVO) is a momentum oscillator for volume.
PVO measures the difference between two volume-based moving averages as a
percentage of the larger moving average. As with MACD and the Percentage Price
Oscillator (PPO), it is shown with a signal line, a histogram and a centerline.
PVO is positive when the shorter volume EMA is...
Multi Chart view supported
//Best profits for $BTCUSD examples:
//res=165 view=30m fastPeriod=17 slowPeriod=9 profit %67.14 since 2017-08-14
//res=100 view=30m fastPeriod=16 slowPeriod=30 profit %57 since 2017-08-14
// If you want get access for super Trend with the best and optimazed values for:
//LTCUSD profit +%120
//ETHUSD profit +%80
//OMGUSD profit...
