Bjorgum TSI-This script utilizes simple color changes of the TSI output signals to aid in interpretation of the classic TSI indicator.
-Crosses of the TSI value line and signal line are a bullish or bearish indication. TSI value line is colored green or yellow to help identify that the TSI value line is either dropping or rising, while over or under the signal line.
-This can help anticipate a cross, or significant points in the trend. TSI signal line changes color when rising or falling which can help to identify larger prevailing trends.
-Generally, a rising signal line can be an overall bullish move, while falling more bearish regardless of crosses.
*Resolution function enables multiple overlay for "Multi-timeframe analysis"*
Reversal
Bjorgum TSI Arrows
This script is intended to help the viewer identify potential turning points with momentum "headwinds" or "tailwinds" with a visual que at the bar level. The presence of arrows indicates that the TSI indicator is either "curling" up under the signal line, or "curling" down over the signal line. This can help to anticipate reversals, or moves in favor of trend direction.
Multiple script overlays can be used for "Multi-timeframe analysis" by altering the "resolution" feature.
eg: Viewer could enable 2 "Arrow" scripts while watching the daily timeframe, and setting one of them to indicate weekly conditions. This can help identify prevailing trend strength when using smaller timeframes.
Sniper RSniper entry can be used on any time frame and is a continuous process of possible trend changing signals based on pure price action.
This script is a depiction of a change in trend and not a recommendation from the publisher. Do consult your financial advisor if you need to get into a trade. It is not a recommendation to trade and needs to be used as a reference along with other analysis that you may already be doing currently.
Sniper entry is a graphical expression in terms of a trend change based on price action only. You may want to combine this with other indicators to bring out best results as per need.
Sniper entry can be used on a multi time frame and is not limited to one trading day and can continue into the next day to depict a change in trend.
Note: This is not a recommendation of a buy or a sell but a study of most recent trends depending on time frame selected. Please do contact your financial advisor before placing the trade.
Trade smart, trade right.
Amazing strategy for silver -XAGUSD, XAGEUR etcToday I bring an amazing strategy that works for 1h time frames for silver.
Its made of price actions movement combined together with MACD and simple moving average
It does not use neither stop loss/take profit levels. Instead it will always exit at the next candle after it opens a trade.
The rules are the next one :
For short condition : we have a bull candle, and candle is above the moving average, and MACD histogram is > 0 and last high0 and candle close > last high1 and, previus high1 and candle close > last high2
At the same time, viceversa for long condition.
In development terms, this is the formula
long1 = (close > open ) and time_cond and close > out and hist > 0 and hist > hist and high > high and high > high and close > high and close > high and close > high
short1 = (close < open) and time_cond and close < out and hist < 0 and hist < hist and low < low and low < low and close < low and close < low and close < low
But when we enter the trade, we enter in reverse, like lets say we go long -> for this we apply the short1 condition. If we go short we apply the long1 condition.
If you have any questions , please let me know .
Swing/Daytrading strategy with reversal option
Hello, today I bring a swing reversal strategy that work on all financial markets.
It uses timeframes starting from 1h, the bigger the better.
Its very dangerous because it has no stop loss, neither a take profit. Our exit condition is based on the reversal on the entry .
For entry we have 2 types : normal and reversal
Lets say we want to go long , for that we check the last CLOSE of a candle with the previos HIGH. If its higher than that, and at the same time CLOSE is bigger than the moving average, we have a long entry.
For short we have CLOSE with the previous LOW. If its lower than that and at the same time is lower than moving average, we have a short entry.
For moving average we use T3 MA
For reversal what I do, is , I take the short condition and I apply it to long, and for long I apply the short condition.
On many cases I found out it work amazingly.
I forgot to add: it also has a time entry system, so we use the best hours/sessions for entries .
Exit a trade: lets say we enter short, when we find a long condition, we close short and enter into long. Viceversa for long.
If you have any questions, let me know.
Enjoy it :)
Combo Backtest 123 Reversal & Volume SMA 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 Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
Volume and SMA
WARNING:
- For purpose educate only
- This script to change bars colors.
TKP T3 Trend With Psar BarcolorThis script is adapted from TKP's long/short indicator to initiate buy/sell indications when price crosses the T3 moving averages, and when the T3's themselves cross. Bars change colors based on price over/under T3 and T3 up or down or This allows for simple visual analysis of trend direction along with entries, exits, and stop loss values.
RichBomb Tool/IndicatorThis is a customized strategy by RichTL indicator.
RichBomb helps traders catch explosive movements in the market.
RichBomb color the dots/diamonds by orange when at least three RichTL dots/diamonds come very close to each other forming a small range.
We usually on the break of the RichBomb range upward or downward. Stop Loss goes on the last major swing from the other side, and we target a 2/1 Reward/Risk Ratio.
RichBomb is not a stand-alone strategy, but acts as one confluence in your trading plan.
For example, if the price is sitting around resistance, we would be only interested in selling on the RichBomb range breakout downward, not upward.
RichBomb works on all instruments (Forex, Crypto, Index, Stock, Commodity...) and all Timeframes.
Good Luck!
Combo Backtest 123 Reversal & Volume SMA 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 Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
Volume and SMA
WARNING:
- For purpose educate only
- This script to change bars colors.
GODXBT PIVOTSPivot points script shows the overbought and oversold conditions from oscillators
Overbought conditions have two types
1. Orange dots indicates mild overbought condition
2. Red dots indicates extreme overbought condition
Same thing for Oversold conditions
1. Green dots shows mild oversold conditions
2. Blue dots shows extreme oversold conditions
These conditions indicates the possibilities of a reversal
Signal confirmation on the bar close
Best to use for taking profits and built a position step by step (ladder position)
Dm for the access
Combo Backtest 123 Reversal & Gann Swing Oscillator 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 Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
The Gann Swing Oscillator has been adapted from Robert Krausz's book,
"A W.D. Gann Treasure Discovered". The Gann Swing Oscillator helps
define market swings.
WARNING:
- For purpose educate only
- This script to change bars colors.
Combo Strategy 123 Reversal & Gann Swing Oscillator 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 Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
The Gann Swing Oscillator has been adapted from Robert Krausz's book,
"A W.D. Gann Treasure Discovered". The Gann Swing Oscillator helps
define market swings.
WARNING:
- For purpose educate only
- This script to change bars colors.
Reversal by Dan SteelHello everyone,
This is a simple indicator to indicate reversal signal on $SPY, $SPX or SPY futures products. The indicator works best in 15 minute.
Blue flag is RSI oversold
Red flag is reversal signal
if there is both flags, the chance of short bull run is very high.
Cheers,
Dan
P.S: It is ugly but working :)
Combo Backtest 123 Reversal & FX Sniper: T3-CCI 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 Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
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...
WARNING:
- For purpose educate only
- This script to change bars colors.
Combo Strategy 123 Reversal & FX Sniper: T3-CCI 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 Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
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...
WARNING:
- For purpose educate only
- This script to change bars colors.
Combo Backtest 123 Reversal & Volatility Finite Volume ElementsThis 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 Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
This is another version of FVE indicator that we have posted earlier
in this forum.
This version has an important enhancement to the previous one that`s
especially useful with intraday minute charts.
Due to the volatility had not been taken into account to avoid the extra
complication in the formula, the previous formula has some drawbacks:
The main drawback is that the constant cutoff coefficient will overestimate
price changes in minute charts and underestimate corresponding changes in
weekly or monthly charts.
And now the indicator uses adaptive cutoff coefficient which will adjust to
all time frames automatically.
WARNING:
- For purpose educate only
- This script to change bars colors.
Reversal Algo (Zeiierman)█ Overview
Reversal Algo (Zeiierman) is an adaptive reversal and momentum detection system that helps identify hidden turning points, pressure zones, and changes in market direction. It brings together advanced modeling techniques such as dynamic volatility bands, adaptive trend tracking, and momentum-based confirmation signals into one clear, visual framework.
Unlike traditional reversal indicators that depend on static oscillators or fixed levels, this tool adapts in real time to market movement. It tracks volatility and directional flow to reveal when momentum is building, slowing down, or preparing to reverse.
Whether applied to short-term scalping, swing positioning, or macro structural validation, this tool provides an adaptive analytical environment that translates complex price dynamics into actionable context.
⚪ Why This One Is Unique
This version of Reversal Algo employs multi-domain adaptive modeling, combining envelope projection, trend inertia estimation, and contrarian equilibrium tracking within a single structure.
Its framework merges nonlinear smoothing manifolds with volatility-compensated directional phase mapping, allowing it to evolve with shifting market states rather than react to them.
Optional AI-driven optimizations enhance precision in unstable regimes by dynamically reshaping envelopes and tracking lines around localized flow curvature.
█ Main Features
⚪ Reversal Cloud
The Reversal Cloud highlights areas of potential expansion, compression, and turning points in price. It adapts to volatility by expanding when markets become unstable and tightening during periods of calm, creating a visual map of market rhythm and elasticity.
When the Cloud widens, it often signals exhaustion or increased turbulence; when it narrows, it suggests balance or an upcoming breakout.
With AI mode enabled, the Cloud automatically fine-tunes its shape to align with live price behavior, keeping its structure responsive and accurate.
⚪ Reversal Signals
Reversal Signals are designed to identify potential market turning points with precision. They combine multiple layers of price behavior—momentum shifts, directional changes, and balance-point deviations—to highlight areas where reversals are statistically more likely. To reduce false clusters, the system intelligently filters out repeated signals within a short time window.
⚪ Reversal/Exit Points
Reversal/Exit Points appear as small, color-coded dots above or below candles. They signal moments where price momentum slows or where the system detects a potential shift in directional strength. These markers are often found near short-term highs or lows, making them ideal for identifying profit-taking zones, re-entry setups, or early warnings of a possible reversal.
⚪ Trend Framework
The Trend Framework provides a clean visualization of the market’s prevailing direction. It smooths out short-term noise to reveal the core trend structure, showing when the market is expanding, contracting, or transitioning between phases.
This framework helps traders quickly see whether price action supports continuation or if the trend is weakening.
⚪ Trend Tracker Line
The Trend Tracker Line is a highly responsive trend detector that reacts quickly to shifts in momentum. It adapts dynamically to volatility, providing an accurate real-time view of directional acceleration and deceleration. This helps traders spot early changes in market tone and evaluate whether a move has the strength to continue.
When AI mode is enabled, the line automatically adjusts its sensitivity to remain stable and consistent across different market conditions.
⚪ Contrarian Bar Coloring
Contrarian Candle Coloring enhances chart readability by visually distinguishing strength from weakness. Green bars highlight areas of building upward momentum, while red bars point to potential pressure or exhaustion. The system continuously adapts its color transitions to reflect subtle momentum shifts, making it easier to recognize when the market is gaining or losing conviction.
An optional AI mode fine-tunes these transitions to match the current market rhythm, ensuring that candle coloration always reflects the underlying flow of strength and weakness.
█ How to Use
⚪ Reversal Trading
The primary purpose of the indicator is to identify reversal opportunities in the market. Reversal or contrarian trading means entering positions against the current directional move in anticipation of a fade or trend rotation. This approach often occurs in high-volatility environments, so it is important to widen your stops, reduce your initial position size, and, if appropriate, scale or average into positions carefully rather than committing all capital at once.
The Reversal Algo provides predefined Buy and Sell signals designed to highlight potential market peaks and troughs. While these signals are highly accurate, they are not meant to call every top or bottom perfectly. In a strong trending market, several reversal signals may appear consecutively before the market fully turns.
⚪ Reversal Signal + Candle Coloring
Combine Reversal Signals with Contrarian Candle Coloring for added confirmation. A practical approach is to wait for a Reversal Signal and then look for a color shift in the candles (for example, from contrarian-colored to standard candles). This color transition acts as confirmation that the active move may be losing strength and that a reversal could be underway.
⚪ Reversal Signals + Reversal Cloud
Consider taking reversal entries only when price interacts with the Reversal Cloud boundaries. The Cloud’s upper and lower layers act as dynamic resistance and support zones. When a Reversal Signal appears near or immediately after price rejection from one of these layers, it adds structural confirmation to the setup and strengthens the case for entry.
⚪ Reversal Signals + Key Levels
One of the most effective ways to trade Reversal Signals is by combining them with key price levels, such as the previous day’s high, low, or close. If price rejects one of these levels while a Reversal Signal prints simultaneously, the confluence of the two events serves as strong validation for a potential turning point.
⚪ Take Profit
The Reversal/Exit Points can function both as entry confirmations and as take-profit zones. If a Reversal Signal was missed but a new Reversal/Exit Point appears near a peak or trough, it can indicate a late-entry opportunity aligned with exhaustion behavior.
These dots are most powerful as profit-taking signals. Since they form near local highs and lows, they often mark regions of temporary imbalance where reversals are likely. When a Reversal/Exit Point forms in the opposite direction of your current position, consider taking partial profits or tightening stops to lock in gains while maintaining participation in the broader move.
█ How It Works
⚪ Reversal Cloud Engine
The Reversal Cloud defines the dynamic upper and lower boundaries of market elasticity by transforming recent price displacements into a smooth volatility field. Through multi-layered envelope modeling, it constructs a continuous topology of expansion and compression zones, revealing where directional energy accumulates or dissipates.
Calculation: Uses layered volatility envelopes that adapt to changing market speed and expansion. A built-in alignment mechanism keeps the upper and lower bands synchronized, while optional AI optimization adjusts the symmetry of the cloud based on short-term directional bias.
⚪ Trend Tracker System
The Trend Tracker isolates directional persistence by modeling angular displacement of price flow over adaptive temporal curvature. It interprets slope evolution as a continuously evolving directional vector field, capturing both acceleration and deceleration within the active regime.
Calculation: Applies adaptive slope modeling to estimate the dominant direction of price flow. The system smooths fluctuations dynamically while maintaining responsiveness to significant shifts in trend velocity. When AI mode is active, an intelligent weighting adjustment refines the tracker’s equilibrium bias for better phase synchronization.
⚪ Trend
The Trend module projects a dual-polarity directional lattice, distinguishing constructive (positive) and distributive (negative) flow environments. It defines equilibrium corridors that expand and contract with evolving trend geometry, offering visual feedback on regime strength and transition probability.
Calculation: Uses weighted directional regression to estimate upper, middle, and lower trend layers. Each structure is color-coded based on price slope and relative position, creating a continuous and easy-to-read trend map.
⚪ Contrarian Bar Coloring Engine
Contrarian bar coloring converts raw bar data into a slope-weighted momentum matrix, visually encoding thrust versus decay phases in real time. It acts as a microstructural interpreter of price inertia, identifying acceleration clusters and momentum fatigue through color transitions.
Calculation: Combines slope analysis and volatility normalization to evaluate how strong or weak each price bar is relative to its trend. The results are reflected in real-time color changes that emphasize momentum strength and fatigue.
⚪ Reversal/Exit System
Reversal and Exit Points are derived from an evolving volatility-based trail that tracks directional exhaustion and reversion potential. These markers visualize transitions in directional energy—helping traders anticipate trend slowdowns or reversal probabilities.
Calculation: Constructs an adaptive volatility trail that contracts as directional momentum weakens. A state-aware detection model identifies inflection points where pressure changes polarity, producing the plotted up/down dots that mark possible reversals or exits. This ensures that each signal dynamically reflects real-time shifts in market energy rather than static thresholds.
⚪ Reversal Signals Core
The Reversal System’s entry framework is designed for precision. It combines several layers of short-term momentum analysis into clear, directionally aligned signals. By balancing different market speeds and measuring how far the price moves from its equilibrium, it identifies high-probability areas where trends may continue or reverse.
Calculation: Implements a composite synchronization framework that aligns short-term momentum phases with equilibrium drift and directional bias. Redundant triggers are filtered out through temporal separation logic, ensuring only the most distinct and reliable signals are displayed. Adaptive thresholds adjust automatically based on volatility and trading mode, maintaining signal consistency across scalp, intraday, and swing environments.
⚪ AI-Adaptive Optimization Layer
The AI layer refines selected modules — Reversal Cloud, Trend Tracker, and Contrarian Candles — by continuously recalibrating their internal weighting curves according to volatility structure and price curvature. It acts as an intelligent stabilizer that adjusts smoothing depth, boundary stiffness, and gradient bias dynamically.
Calculation: Utilizes a Context-Aware Kernel Adjustment Engine, estimating curvature variance and phase imbalance to auto-tune envelope response. The model performs iterative self-alignment to preserve directional fidelity under rapidly changing flow dynamics.
-----------------
Disclaimer
The content provided in my scripts, indicators, ideas, algorithms, and systems is for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or a solicitation to buy or sell any financial instruments. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
付费脚本
Combo Strategy 123 Reversal & Volatility Finite Volume ElementsThis 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 Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
This is another version of FVE indicator that we have posted earlier
in this forum.
This version has an important enhancement to the previous one that`s
especially useful with intraday minute charts.
Due to the volatility had not been taken into account to avoid the extra
complication in the formula, the previous formula has some drawbacks:
The main drawback is that the constant cutoff coefficient will overestimate
price changes in minute charts and underestimate corresponding changes in
weekly or monthly charts.
And now the indicator uses adaptive cutoff coefficient which will adjust to
all time frames automatically.
WARNING:
- For purpose educate only
- This script to change bars colors.
Combo Backtest 123 Reversal & FSK (Fast and Slow Kurtosis) 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 Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
This indicator plots the Fast & Slow Kurtosis. The Kurtosis is a market
sentiment indicator. The Kurtosis is constructed from three different parts.
The Kurtosis, the Fast Kurtosis(FK), and the Fast/Slow Kurtosis(FSK).
WARNING:
- For purpose educate only
- This script to change bars colors.
Combo Strategy 123 Reversal & FSK (Fast and Slow Kurtosis) 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 Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
This indicator plots the Fast & Slow Kurtosis. The Kurtosis is a market
sentiment indicator. The Kurtosis is constructed from three different parts.
The Kurtosis, the Fast Kurtosis(FK), and the Fast/Slow Kurtosis(FSK).
WARNING:
- For purpose educate only
- This script to change bars colors.
ArcTan Oscillator [LuxAlgo]The following indicator is a normalized oscillator making use of the arc tangent sigmoid function (ArcTan), this allows to "squarify" the output result, thus visually filtering out certain variations originally in the oscillator. The magnitude of this effect can be controlled by the user. The indicator contains a gradient that shows the possibility of a reversal, with red colors indicating that a reversal might occur.
Settings
Length : Period of the oscillator
Pre-Gain : Changes the amplitude of the oscillator before passing through the ArcTan function, this allows to amplify/reduce the "squarification" effect introduced by this function. In order to make it easier for the user, the setting is in a (-10,10) range, with negative values reducing the amplitude and positive one increasing it.
Src : Source input of the indicator
Usage
The oscillator can be used to determine the direction of the trend by looking at its sign, if the oscillator is positive, market is up-trending, else down-trending, based on this usage the user might not be interested to look at every variations produced by the oscillator, this is where the hyperbolic tangent function and pre-gain setting can be useful, by using an high value of pre-gain the user will be able to only focus on the sign of the oscillator.
Here pre-gain is set to 5, we can see that the oscillator is now easier to visualize. However, the use of sigmoid functions remove useful information for a trader that needs to find divergences, this is where using a negative value of the pre-gain setting will result useful.
Here pre-gain is set to -5.
The indicator makes use of a gradient to show potential reversals, this gradient is determined by the correlation between the oscillator and the price (this is a way to measure potential divergences). If the color is closer to red it means that a potential reversal might occur, it is possible to say in which direction price might go by looking at the sign of the oscillator, so if the gradient is red and the oscillator is negative price might rise. The gradient is not affected by the pre-gain setting.
Combo Backtest 123 Reversal & Fractal Chaos Oscillator 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 Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
The value of Fractal Chaos Oscillator is calculated as the difference between
the most subtle movements of the market. In general, its value moves between
-1.000 and 1.000. The higher the value of the Fractal Chaos Oscillator, the
more one can say that it follows a certain trend – an increase in prices trend,
or a decrease in prices trend.
Being an indicator expressed in a numeric value, traders say that this is an
indicator that puts a value on the trendiness of the markets. When the FCO reaches
a high value, they initiate the “buy” operation, contrarily when the FCO reaches a
low value, they signal the “sell” action. This is an excellent indicator to use in
intra-day trading.
WARNING:
- For purpose educate only
- This script to change bars colors.
Combo Strategy 123 Reversal & Fractal Chaos OscillatorThis 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 Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
The value of Fractal Chaos Oscillator is calculated as the difference between
the most subtle movements of the market. In general, its value moves between
-1.000 and 1.000. The higher the value of the Fractal Chaos Oscillator, the
more one can say that it follows a certain trend – an increase in prices trend,
or a decrease in prices trend.
Being an indicator expressed in a numeric value, traders say that this is an
indicator that puts a value on the trendiness of the markets. When the FCO reaches
a high value, they initiate the “buy” operation, contrarily when the FCO reaches a
low value, they signal the “sell” action. This is an excellent indicator to use in
intra-day trading.
WARNING:
- For purpose educate only
- This script to change bars colors.
