Multiple MA Cross for Forex, Commodity and StocksTrade using Multiple Moving Averages
Works well on most Forex, Commodity and Stocks.
Backtest Results :
80% signal accuracy on
OANDA:EURUSD
OANDA:GBPJPY
OANDA:BCOUSD
77% signal accuracy on
OANDA:XAGUSD
OANDA:XAUUSD
[b]forex
Pair Strength BasketAgain thanks to LazyBear for bringing over the wavetrend indicator and glaz for the idea of the basket of currencies. This is a power index based on the wavetrend indicator, I cut it down to 5 securities per currency since the limit of securities I could call was 40. I like to use to see which pair is the most OB/OS as it likely presents the best profit potential.
AUD = Yellow
CAD = Gray
CHF = Maroon
EUR = Blue
GBP = Red
JPY = Purple
NZD = Lime
USD = Green
Pair Strength EURUSDThis is an application of the WaveTrend indicator by LazyBear against a basket of the eur and usd to come up with a total eur and usd wt value. You can change the currencies by altering which pairs its run on. As far as changes I removed the lagging 4sma and altered the OB OS to be 2 and 3 standard deviations from a 1000sma just to get a stable view as to where the values tend to rise to. I've had some success using it over the past week or so, when dollar is OB an euro is OS you can expect EURUSD to go up as those reverse and vice versa.
Kovach ChandeThe Kovach Chande indicator measures instantaneous buying pressure. It features advanced signal processing algorithms to minimize lag and filter the effects of volatility. Consider using it with the Kovach OBV indicator and Kovach Momentum indicator. When used with the Kovach OBV, divergences may be used to isolate entry points.
Kovach MomentumThe Kovach Momentum indicator averages instantaneous momentum, while employing advanced signal processing algorithms to minimize lag and filter the effects of volatility. Consider using it with the Kovach Chande indicator and Kovach OBV indicator.
Kovach OBVThe Kovach OBV measures sustained buying pressure. It features advanced signal processing algorithms to minimize lag and filter the effects of volatility. Consider using it with the Kovach Chande indicator and Kovach Momentum indicator.
Forex strength meterCalculates the strength of a particular currency taking into account it's rate of change (% price change in a period) in all correlated and anti-correlated pairs. For instance, when looking for USD strength we will add ROC for USDCAD, USDCHF and USDJPY while subtract AUDUSD, EURUSD, GBPUSD and NZDUSD.
After ROC step, one can smooth the result using EMA, or MACD.
As the script needs to fetch values from multiple currencies it isn't the fastest one, but it gets its job done.
Important: Only major currencies (AUD, CAD, CHF, EUR, GBP, JPY, NZD and USD) are considered.
RvZ - Reversal Zones Indicator..!Hello Traders...!
Yet another indicator from myself following to my previous indicator "FIRST-5-MINUTES-ZONE-AND-HI-LO-BRKOUTS",
this is TO IDENTIFY INTRADAY REVERSAL ZONES...!!!
- It works on any time frame
- along with those zones i have added two more lines Red and Green which will be used as Intraday Resistance and Support lines .
- Pls donot expect Profit and Stop points, that is upto you.
- If market goes beyond those zones well then consider that market is trading stronger. So..trade with strict stops accordingly. If the market goes beyond those zones then LOOK LEFT for the previous zones and trade.
- 80% of time, the market respects those zones.
- The zones colours are CUSTOMIZABLE
- A simple strategy to use this in confluence with,
RSI (7) Range , EMA (100)
**** If stock trading above 100 EMA, Rsi in overbought, price in upper reversal zones, then voila...get some sack ready to fill the money...!!! same goes for opposite side *****
well then Traders, Enjoy and let's put some money in Bank....!!!!!
--cheers,
Sanjay Ramanathan
BullTrading Chaos Trend IndicatorThis Indicator based on Mandelbrot Chaos Theory clearly shows Trends and Swings as a colored strip in the bottom of your screen. It does not repaint, work well in all timeframes and it is alert friendly.
Adjust colors and brightness and use it in conjunction with your trading system.
BullTrading Chaos Trend IndicatorThis script clearly shows trends. Add it to your charts, adjust colors and brightness and apply your trading method accordingly. It does not repaint and work well in all timeframes.
UltraTrends.V2This is version 2 of Ultratrends.
Like the last version:
Fuschia is pivot down, yellow is pivot up, up is confirmed up, down is confirmed down, green is uptrend, red is downtrend, gray is no trend.
"UP" Is a good indication that the market is going to go up. "DOWN" is a good indication that the market will go down. However, use your head. Think about support / resistance.
Additions:
- 200 EMA/SMA Average (Thick aqua line): Great for determining trend and acts as support / resistance.
- 50 SMA (thin yellow line): Use for 50/200 crosses to determine trend. Serves as weaker resistance.
- Dynamic Pivot points (by finn): Serve as support / resistance levels. Plotted as horizontal dots.
- Early move detection: demonstrated by either a green triangle below bar or red triangle above bar.
- "Hot Zones": volume based background highlighting the manifestation of bullish conditions. Default color is white, so if you use a lighter background, please change it to another color.
This indicator works best with 1337 Volume:
The only way to get this script is by joining Gambit Private Trading Room. There are currently ~ 90 experienced traders in the room at the time of this post that share the best ideas / setups. For more information, please fill out the form at: GambitCrypto.com
Enjoy
UCS-Probability to BounceHey All,
This is an indicator I was developing over the last year. Over some extreme testing and good test results. I am confident to add this to the pool of my indicators.
Yes, this is a protected script. Contains some intensive research.... and every value here is manipulated to fit a general context. Therefore, treat this just like any of my indicator.
If you want to know further about how i use. comment below......
[BullTrading] 1 minute Easy Scalping Sys v3.0This is the third version of Bull Trading Easy Scalping Tool for 1 minute charts. This improved code filters trend direction and power to avoid some false entries on horizontal markets. Exits after profit are commonly taken when the price hits the ma's.
DISCLAIMER:
The Following indicator/code IS EXPERIMENTAL AND NOT intended to be a formal investment advice or recommendation by the author, nor should be construed as such. Users will be fully responsible by their use regarding their own trading vehicles/assets.
Gleeson Trend Tracker (GTT) IndicatorComprehensive Trend Trading System Indicator made up of the four components to help you successfully trade market trends:
Entry Signals (Green & Red Arrows)
The entry arrows indicate entry conditions are present. Green for long entries and red for short entries. If you already in position in the direction of an entry signal, ignore it. Switch to position maintenance mode for that market once trading a market.
Current Trend Status Channels (Red/Green Overlay)
The channel overlay is intended to indicate whether the market has recently trended up/down. Green if moving higher, Red if moving Lower. Channels make it easier to visualise current & previous price trajectory.
On Close Stop Loss (OCSL) / Price Average (40 MA) Blue line
This acts both as the "line in the sand" in relation to trend direction but also importantly as your (OCSL) or sometimes also known as mental stop. If price closes beyond this line in the opposite direction to your position, exit the position. It's important to wait for price to close (this methodology works best on weekly charts so make entry & exit decisions when the market is closed). This method works best if you risk 1% per trade using the distance from entry price to the OCSL as your pre-defined risk, back-analysis confirms this.
Hard Stop Loss Red line
This line is your circuit breaker intended to protect your capital from sudden adverse moves. This line serves as the price for your fixed or hard stop loss point that should be entered with the order. The formula behind this line is risk * 2 (so 2% if you risk 1% between entry price and OCSL). HSL is your safety net, always use it.
Some other advice on how to trade this methodology:
Analysis Sunday, entries & exits Monday (so you can also have a life)
Do not pyramid with this system, it works best with individual entries spread across a range of markets including FX, Indices, Commodities and Interest Rates.
Risk only 1% per trade
This methodology works best over weekly/monthly charts. You want to capture moves that last weeks/months/years. I would not advise day trading this system.
If you have any feedback or need further help, email me at me@jackgleeson.co.uk
Good Luck!
[BullTrading] Easy Scalping Sys v2.0This alert friendly indicator is designed as a scalping tool, it displays arrows for entries and color differentiation for exits. Play arround with Trend Length settings for signal sensibility. Comments for improving are very welcome.
DISCLAIMER:
The Following indicator/code IS EXPERIMENTAL AND NOT intended to be a formal investment advice or recommendation by the author, nor should be construed as such. Users will be fully responsible by their use regarding their own trading vehicles/assets.
Naked Forex Trading Strategy v2v1 Big Shadow candles based on "How Naked Trading Works" video by Walter Peters: https://youtu created by AlistarElvis
v2 Bugfix calculation largest candle, added parameter for alternative calculation largest candle
Pump_Doctor Trends**You must enable bar colors in the options for the script if you wish to see them**
This indicator is very useful for spotting trends / tops / bottoms.
This is the ultimate altcoin pump spotting tool. Use on higher timeframes for greatest accuracy. If altcoin is newish (ZEC for example), try 4h rather than 1D or 3D.
Green = Uptrend
Red = Downtrend
Gray = Top/local top, bottom/local bottom, or continuation. You will need some knowledge of price action to determine which condition applies.
You can use the oscillator at the bottom as a measure of momentum / trend strength. You can draw trendlines on the oscillator on the top/bottom or the interior.
1337 VolumeThis volume indicator gives you a unique perspective and ability to analyze volume in any market. The upper line that is always >=0 represents average up volume over a user definable period while the lower line that is always <= 0 represents the average down volume over a user definable period.
green == bullish candle but volume lower than average
lime == bullish candle with above average volume
crimson == bearish candle with below average volume
red == bearish candle with above average volume
This indicator is very useful for spotting bottoms / tops (do a visual backtest and observe its behavior) as well as entry opportunities.
By default, the lookback period for average volume is 7, but I encourage you to change this value in order to find settings that work best for your particular market.
If you have any feedback or ideas for improvement, please comment.
Enjoy :D
Tops/BottomsUsing Modified code from Lazybear's CVI 0.17% indicator and some logic, this script can help identify value buy and sell opportunities at a very early phase. Best used as a confirmation tool. This is a beta, so use it as such. Enjoy.
Sometimes "top" indications in an uptrend mean to look for an opportunity to add to position while "bottom" indications during a downtrend can represent the same thing. The trend is your friend, use it to your advantage!
Red star above bar == potential top
Green star below bar == potential bottom
Ro FX:AUDUSD Strength IndexForex AUDUSD Strength Index is calculated by the major exports of Australia, those are iron,coal,natural gas,gold,oil,copper and wheat. As Australia economy relies on resources more than product and services, rate of change at export prices can give good information about the currency strength. The influence factor of each export type is determined by OEC Australia Export Reports.
Currency Strength IndicatorSimple but effective don't pay $300 for an MT4 indicator when you can use this for free. Feel free to make it your own!
RSI DivergenceRSI DIVERGENCE is a difference between a fast and a slow RSI. Default values are 5 for the fast one and 14 for the slow one.
You can use this indicator in 2 different ways:
normal RSI : check double or triple top/bottom on a chart meanwhile RSI is descending/ascending (check the example on chart)
signal line : when RSI Divergence cross zero line from bottom to top you get a buy signal (the line become green), vice versa when the RSI Divergence cross zero line in the opposite way you get a sell signal (the line become red)
Forex Trading Sessions with Daylight Savings TimeV1 - Max WarrenDifferent version of the CM one but everything is configurable and easy to manage.
Daylight savings may also be toggled, I cannot automatically toggle it yet but hopefully with a pine update I will be able to.
It had the four main sessions but version two could possibly have all of them as optional toggles
Hope it is useful
