These bars can give you good opportunities if you know how to analyze the context. blue=bullish black=bearish thumbs up
Hello traders Today is a Pinescript hack to display multiple colors in one label. I used that panel to show the Supertrend Long Term values (weekly, monthly, quarterly, yearly) What is a Supertrend? Definition : SuperTrend is an indicator that works on all timeframes and all instruments (stocks, futures, forex, ...). It is a great tool to follow market...
Bollinger band is converted to EMA , and support and resistance bands are made into regions
Hello traders I'm not a HODLer by any means. I know when to sell (or I think I know....) when an asset starts going against me too much. Even if it's a "long-term" investment. My mentor used to telling me this: "If a short-term trade becomes a long-term investment, then you're in for a hell of a ride". I have no clue if Bitcoin/BTC will go back up or not - I...
Created a Parabolic SAR strategy where price has to close under/above the level before for it to reverse. This way it should be a bit more stable and protect you from false breakouts. It was impossible to adjust the built-in "sar" function so I implemented PSAR from scratch. So if you're interested in how it's work inside you can check the code and probably...
This indicator can help to identify momentum and reversal points.
The Main Idea came from "The Way of Turtle" and I'd just adjusted it. If you have an interesting then find the book near library. Thank you and have a nice day :)
🔗Blockchain Fundamentals - Satoshis Per Dollar by Cryptorhythms Intro SPD is a new metric I propose which can be used to determine general sentiment and help narrow down periods to DCA . Description In the most basic sense this indicator is simply showing you how many satoshies are equal to one US dollar . This can be a useful metric to keep stored in the...
General purpose Bollinger band indicator with a number of configuration options and some additional color-coded information. The main advantages of it over standard Bollinger bands are: 1) Better statistics: * Uses volume weighted moving averages, variance, and standard deviation by default. The volume dependence can be disabled with a checkbox option, but...
Ichimoku Kinko Hyo Cloud - no offset - no repaint - RSI filter - strategy The indicator contains both the standard Ichimoku Cloud , as well as the one without the visual offset. The Strategy Tester indicates good backtest results when the Ichimoku Cloud is paired with the RSI . However, it seems it likes to work more as a standalone system. The indicator can...
This indicator normalizes Day's candle with Open. Idea is to see the daily movement in the context of the Open of the Day. Larry Williams talks about Open being the most important price of the day. Hence, this indicator. The Green line is average Open-to-High for occurrences of Red days. The Red line is average Open-to-Low for occurrences of Green days. Average...
This multi Indicator includes: 3 Moving Averages 2 Exponential Moving Averages Bollinger Band Ichimoku Parabolic SAR You can change the colors if you want. Go to setting to enable Ichimoku or SAR or disable others. The color tolerance is by default zero which results in a very sensitive color change. You can change it to decrease the sensitivity. The value should...
I just did a Bollinger Bands script with my newly CB moving average While I'm generally against posting strategies because it's very easy to fake performance numbers... This is just to share a cool strategy snippet. My settings are 10 contracts/order with pyramiding set to 10. You can make the profitability a lot higher if you set the order size higher. But that...
This is an experimental moving average that gets more sluggish when the volatility increases. It has two parameters: - Period, the period for the average true range calculation. - Responsiveness, higher value more responsive (range: 0.001…1.0)