After testing your individual indicators, it's time to build up your algo with additional indicators and further backtest the strategy.
Using SSL twice here, faster SSL for 1st confirmation, slower SSL for 2nd confirmation and TDFI for volume validation.
Combined my Fractal Indicator with my Ichimoku Script so that I can have less indicators on my chart and am able able to run more with only the pro version of Trading View...
This indicator is NOT used for entry and exit conditions when trading. Instead, it's purpose is to tell you what the state of the market is: trending or cyclical.
>WHO IS THIS FOR?
This is especially useful for strategies that use scalping or martingale betting to turn a profit. You don't want to be caught in a bullish trend with several open short orders. Algo...
This script is meant to be viewed with the Heiken Ashi candlestick chart. I use it for pretty much everything. It has a lot of extra stuff just for visual reference, but the trades are based on the MACD (3,5,9) indicator. I found that speeding up the intervals of the MACD makes for a much more reactive chart. In this heavily volatile market, it has been performing...
Correlation Based Pair Trading Strategy (Trading the spread)
There are three popular styles of Pair trading:
* Distance based pair trading
* Correlation based pair trading
* Cointegration based pair trading
The correlation based strategy is to short the outperforming instrument and go long on the underperforming one
whenever the temporary correlation weakens...
This is my first script and it is basically a MA crossover/under strategy that uses heikin ashi closing prices. I've also used limit orders based on HA opening prices of the previous day for entry which improves the performance. However, this impose a restriction when prices are moving too fast and the algo is unable to enter the trade, resulting in a bad position...
This is version 2 of
Special features:
Added partial profit taking as price rises. Profit taking is triggered by price crossing an EMA.
After profit taking, price has to rise by a user-specified percent before taking profits again.
Also includes condition for fully closing position after meeting specified profit target.
To incorporate into your algo,...
The script multiplies the price time the volumes. Than relatively calculates whether the stock or product is oversold or overbought. One can subsequently set when to go short or when to go long. The way it works is that there is a small 1 for a long and a -1 for a short. If it is 1 and the followed by a 2 one has a profit. If a -1 is followed by a -2 you traded a...
Calculate the price range , support and resistence for the current day. At the market open this algo will calculate the next price level with no repaint.
Start from a linear regression and using the Fibo parameters I add bands over and under. Because range and volatility are incluse in the algo, the price tends to move between bands with same colors. The middle line (linear regression) is a good signal; after a break happend, the price will move to the last or second last band
![EURUSD: Bandpass Cycle Indicator [Ehlers]](https://s3.tradingview.com/i/IuFiUCyg_mid.png "Bandpass Cycle Indicator [Ehlers]")
