Setup 123 Scalper is characterized by a bottom (buy pattern formed by 3 candles where the 2nd has the lowest minimum) or a top (sell pattern formed by 3 candles where the 2nd has the highest maximum). It has a filter that only shows the signal when the asset is trending. Setup popularized by trader Alexandre Wolwacz (Stormer). Na linguagem do autor: O Setup 123...
With this indicator, we have taken McGinley Dynamic lines at Fibonacci lengths (3 to 233) as well as the average of these values, labeled the DFMG (Democratic Fib. McGinley). Additionally, these values have been inputted into a table overlay. The cross of the FibMG(233) and the DFMG can be used as a signal for long or short. The FibMG lengths of 3 and 233 are...
The Fibonacci Step Indicator assumes irregularity in calculating a moving average. It is measured as the mean of the previous lows and highs situated at Fibonacci past periods. For example, the mean of the lows from 2, 3, 5, 8, etc. periods ago form the Fibonacci step indicator. The indicator uses the formula for the first twelve Fibonacci numbers on highs and...
This is part of a new series we are calling "Strategy Myth-Busting" where we take open public manual trading strategies and automate them. The goal is to not only validate the authenticity of the claims but to provide an automated version for traders who wish to trade autonomously. Our 9th one is an automated version of the "I Tested The Best 1 Minute Scalping...
🔥 Overview 🎯 This Double BOS(Break Of Structure) Confirm indicator combined ma-based BOS and classic BOS to achieve a more credible BOS signal . it works well in most symbols with 2 parameters finetune. 🎯 It's a enhanced version compare with previous script. 🎯 at the same time, I keep D-BOS and BOS separately, you can use them in combination...
Simple setups Just input two different ema, X and Y. Multiple = input Phi factor (ex: 0.38 , 0.618 , 1.618 , 3.14) Usage Grouping movements into channels to identify trend acceleration and deceleration Example usability in the BTC/USD trading pair (timeframe = 1D) => Input Setups Source = hlc3 Multiplier = 2 X Ema = 13 Y Ema = 21 How...
Fibonacci Extension Fibonacci Extension is a powerful technical analysis tool that traders use to predict where the market might find support and resistance. It is based on the Fibonacci sequence and uses levels that are found by extending the 23.6%, 38.2%, 50%, 61.8%, and 100% Fibonacci ratios from a swing high or low. These levels can be used to find possible...
This indicator show how is the trend of 40 stock in SET Index Thailand ordered by market capitalization. RSI, Moving Average and MACD is used to calculate vale of each stocks. The trend will be assigned and cumulative as 1 represent uptrend while -1 represents downtrend. For example RSI If RSI > RSI moving average, it will be uptrend and return 1. If...
Giga Kaleidoscope DEMA MACD is a Confirmation module included in Loxx's "Giga Kaleidoscope Modularized Trading System". █ Giga Kaleidoscope Modularized Trading System What is Loxx's "Giga Kaleidoscope Modularized Trading System"? The Giga Kaleidoscope Modularized Trading System is a trading system built on the philosophy of the NNFX (No Nonsense Forex)...
Giga Kaleidoscope Angle of Averages is a Confirmation module included in Loxx's "Giga Kaleidoscope Modularized Trading System". █ Giga Kaleidoscope Modularized Trading System What is Loxx's "Giga Kaleidoscope Modularized Trading System"? The Giga Kaleidoscope Modularized Trading System is a trading system built on the philosophy of the NNFX (No Nonsense...
As simple as it gets, channels based on high, low and ATR distances, Shows possible short term support / resistance or can be used as a take profit/stop-loss in some trading systems. It does this by comparing high/low values of price to multiplied by a multiple of ATR to determine when the trend changes. States are included to change the sensitivity to trend...
This tool allows you to know at what price a security will touch its moving average today or tomorrow. This may sound simple, but today's action will influence the final value of the average itself, causing it to 'move' during the live session. This is problematic for people trying to use an average to place orders - especially with shorter-term averages. This...
Script was first published 30 May 2021 on twitter by @lehlutz This script visualizes long, short and neutral phases of any asset class as follows: The differences A, B, C are formed from 3 moving averages (3-EMA exponential moving average, 20-SMA simple moving average and 50-SMA simple moving average) namely A: (3-EMA minus 20-SMA) B: (3-EMA minus 50-SMA) C:...
This indicator will alert you when a candle goes above or below the price action channel (PAC) but only on the first or second candle after a colour change in candle. When price is above the price action channel that is a bullish sign, when price is below the PAC that is a bearish sign. The idea is that a sudden change in price is a cause to investigate further...
INTRODUCTION This indicator was born from a personal need to have everything needed in one place and to allow any trader to see the market as I see it, so that everyone, even the novice trader, immediately feels at ease as I do me when I look at the graphs. Over time I have also developed other indicators which I associate with the LuBot, however it is designed...
Moving Averages Plot up to 12 moving averages and customize colors directly on the inputs tab. Select from any of one of eight (8) moving averages types from the drop-down menu including 'EMA', 'HMA', 'LINREG', 'SWMA', 'SINE', 'SMA', 'VWMA', and 'WMA'. Default 'SMA' for Plots 1 through 6, and default 'EMA' for plots 7 through 12. Use this indicator to...
The "ATR Pivots" script is a technical analysis tool designed to help traders identify key levels of support and resistance on a chart. The indicator uses various metrics such as the Average True Range (ATR), Daily True Range ( DTR ), Daily True Range Percentage (DTR%), Average Daily Range (ADR), Previous Day High ( PDH ), and Previous Day Low ( PDL ) to provide a...
Publishing my trading system script. It consist of several conditions to happen in order to open a trade. Work best on ES/MES 5 minute timeframe. I like to use it with this settings: - UTC -6 (don't tick Exchange Timezone) and rest as default To enter a trade, the following conditions must be met: Entry 1: the opening range (8:30AM - 9:15AM UTC-6) must be...