ENE ( maybe short for Entering and Exiting) is another track indicator known by Chinese traders. There are 3 lines in this indicator presented as a track: The track itself presenting trends. Upper Line: hints exit when the whole track is flat. hints hold when the track is rising. Lower Line: hints enter when the track is flat. hints wait when the track is falling.
My Own Kagi Indicator Implementation! I couldn't find anywhere on the internet a simple implementation of the Kagi indicator (apart from a seemingly complicated JavaScript implementation). So I decided to implement it myself and test it against the built-in Kagi indicator calculated by the built-in security function - They ended up exactly the same! (You can see...
This strategy is based on an indicator called "SuperB", created by RafaelZioni. All the credits of this script belong to him. All I did was converting the indicator to strategy using the buy/sell indicators, so you can back-test it easily.
DMI (ADX) consists of three indicators that measure a trend’s strength and direction. Three lines compose the Direction Movement Index (DMI): ADX (white/gray line), DI+ (green line), and DI- (orange line). The Average Directional Index (ADX) line shows the strength of the trend. The higher the ADX value, the stronger the trend. The ADX line is white when it has a...
This indicator views market times as boxes. Shown market times are Asia, London and NewYork. With this indicator, you can check highest and lowest price in every market time at a glance.
This indicator views difference bonds between countries of trading currencies. If the chart is GBPUSD, it's gonna be GB02Y-US02Y.
Level: 5 Background I have been working on developing indicators on how to track the banker funds or whales. In my open source indicators published, you can search for the keywords "Banker" or "Whale" to find and use these indicators. After three years of development and hard work, I have perfectly combined the banker fund/whale mathematical model and the...
FirstBarRange study displays lines for the high and low of the first bar/candle of the trading day, along with shaded areas for the range on top of the first bar high and below the first bar low. This study is very useful for intraday traders to see when stocks trade above the first bar high, it shows strength, and many times the high of the first bar is also...
The idea for today is to plot high / low prices on the Earnings day. (use only on Daily timeframe) And as we all know, most of the times, price is unidirectional after the earnings are declared. A target of 1:2 or even 1:5 can be easily achieved in these cases, within few days. Green label indicates, reported earnings are higher than estimated. Red indicates the...
I t measures the distance from the EMA you select from the settings.
Improved Simple Strategy based on RSI, using overbought or oversold levels. Backtest: ETHPERP (FTX) - 30m Set STOP LOSS and GET PROFIT as a percentage (2% and 10% by default). If strategy.position_size != 0 algorithm convert percentages into points and set stop loss and take profit limit orders.
I created this indicator because it can be quite difficult sometimes to find the direction of the market, which supports and resistances are important, where to place targets, etc. This indicator is excellent for traders which trade on reversals and breakouts from resistances and supports. The indicator tries to make it clear which areas are of importance and...
This bot makes use of an algorithm which detects new heights and places limit orders according to the Fibonacci retracement theory. By placing limit orders under the current price, the bot allows itself to catch smaller and larger dips. This is also known as “Dollar-Cost-Averaging”, DCA in short. This bot is ideal for bull markets, both on crypto and stock...
The indicator contains combination of CCI 20 and 100 period The blue line indicates the long-term view of trend as well as current strength in price. The black line is fast CCI that keep up with price movement. Crossover only within band is considered for reversal and trend identification. Crossover of Lines gives certain indications about Trend Reversal and...
Dear community, Today I want to present you one of my favorite and simple trading bots: The RSI Trend. This bot is based on the RSI, which normally is used as a trend reversal indicator. However, here it’s used as a trend finding indicator, often with great success. This bot making long-only trades, which is quite successful in bull-markets like the one we’re...
This alert indicator is pair of strategy using crossover of multiple Moving Averages for entry in Buy/Sell side & Pivots/Fibonacci zones for booking/trailing gains. Also added pair of moving averages which corresponds with the crossovers to hint potential trend reversal on breach. Green line gives trend reversal indication for Long trades, Red line gives SL...
Drunken Bands and Diamond Beep !!! Created By Request from groups of young learning traders who don't want to subscribe an indicator for huge sum monthly. I present three indicators for the community and free to use. Note : works best in 1 - 10M Time Frame i am still working to reduce the signals generated. Description of Indicator: 1. Drunken Bands which...
today's pivot (day 0)= yesterday's close (day 1) minus close of 2 days before yesterday (day 3) plus day before yesterday's close (day 2)