Almost the same indicator as Distance From 200ma, but values indicate the distance in a percentage of the 200ma value Plot of the distance from the 200ma. Helpful to identify areas where max distance from the 200ma caused a drop down or jump up to the mean
Sometimes you want to have multiple moving averages in the graph to evaluate your operation. Here is my alternative for this need and I´m glad to share with you. This script also has some pivot indicators and can be a good start point to you extend its features.
Here is a combination of the classic MACD (moving average convergence divergence indicator) with the classic slow moving average SMA with period 200 together as a strategy. This strategy goes long if the MACD histogram and the MACD momentum are both above zero and the fast MACD moving average is above the slow MACD moving average. As additional long filter...
This strategy has been published for a Pyramiding tutorial on the Backtest Rookies website. For a full overview of the code and an introduction to Pyramiding check out our site. Summary The code example will create a simple script that allows us to average down whenever our portfolio is down x%. The idea will be to bring our average cost down so that we can...
This is a simple yet very flexible moving average script. There are more than few moving average scripts out there but non of them are as flexible as this one. This script lets you have seven different moving averages. Each moving average can be set separately, each can : 1- switch the moving average between EMA and SMA 2- set the flat percentage, this setting...
Golden cross when 50SMA crosses 200SMA. Can be used for any market. Day time frame is ideal.
Plot of the distance from the 200ma. Helpful to identify areas where max distance from the 200ma caused a drop down or jump up to the mean
Original script PACMASTER by JustUncleL. I (YardleyRosette) have republished this indicator with the fixed and optimal settings nearest to MetaTrader4 Traders Dynamic Index ("SYNERGY") Price Action Channel. Therefore I feel I have to accredit myself for selecting the optimal settings as best intended by CompassFX . Basic Rules: Solid filled Heikin Ashi...
Though this script is by me, the original idea comes from a podcast I heard where Trace Mayer talks about how he does crypto valuation. It is based on current price against the 200 day moving average. This indicator script will simply plot that value as a label overlayed on your trading view chart. Best long term results occur when acquiring BTC when the...
This is the updated version of the RIZ - Alpha Cross indicator/overlay. it is ONLY available to Riz International Stock Trading Mentoring Students. You can check out our website to see what we offer: rizinternational.com Thanks, Riz
Simple modification to an existing script that allows for configurable MA lookback-lengths