Breaking Bands by PuppyTherapyToday I have brought to you Breaking Bands. It is a compilation of more flexible Bollinger bands in normal and rainbow mode and Keltner Channels.
Please select at least one or two modes at max otherwise you will have a little colorful overflow on the chart.
Bollinger bands :
- you can select a different baseline calculation than the normal Simple Moving average.
- some of the baselines like T3 suffer from getting too tight too fast you can add a constant+ to the mix which is a basic percentage that will get added to the deviation thus bands will have a minimum threshold.
Rainbow bands :
- same things apply as for Bollinger bands but you can add several layers with different colors under the bands
Keltner Channels :
- only the base moving average applies the rest is calculated via Keltner Channel width
- each coin has a different volatility, therefore, you have to use the multiplier to find the best value for you. The base is mainly for scalping ETHUSD / BTCUSD.
I also added RSI and STOCH to the mix. If you have any of two selected you will see dots on the bottom and on the top signaling overbought/oversold conditions. When the color changes it is signaling a possible trend reversal / weakening trend on the oscilator.
在腳本中搜尋"scalping"
[Strategy] CCI EMA scalping [DEV]Recommended timeframe: 5M or higher
Based on EMA crosses and CCI levels.
Take profit can be also at Pivot levels like Daily/Weekly
Stop loss should be between 12-15 pips.
This strategy is still under development!
Combo Basic IndicatorsThe indicator consists of multiple time frame SMA and PSAR, the very basic indicator but could be profitable.
SMA can be used as dynamic Support-Resistant levels, and value of higher time frame are considered more significant (major level).
For example, Bitcoin currently has weekly support at 6568$, and regarding to SMA of lower time frame (Day, 4H,..) that are near then concluded as sideways condition.
However, trading opportunities still can be found for short term and tight range (scalping).
MEMA - Multiple Moving Averages (5,9,21,55,200)The must common used emas to review from scalping to long tendency.
1H 20EMAThis script uses data from last 20 bars on 1H to compute the EMA and applies it to lower TFs. Optimal for scalping SP mini and CL on the 5M. It is an advantage to have the 20EMA on the 5M as well on the same screen.
Breakout Scalper (Session)This is a twist on my on my Breakout Scalper strategy that limits trading to a user-configurable session
Find the original "Continuous" version of the scalper here:
The breakout scalper is based on "slow" and "fast" donchian periods. In this version, the "slow" donchian is in fact the Day's high/low. This important difference means that we will always be entering our trades at the day's high or low, so you are exposed to the price making new highs/lows but not to oscillations within the day's range.
Furthermore, the scalper is modified to only enter trades after the start of the user-configured session. Any open trades are closed at the end of the user-configured session. The default session is set to 10:00 AM to 3:30 PM because that's when I like to trade.
Breakout Scalperfirst draft of a breakout scalper which uses a fast and slow window
sets up some entry stops and then a trailing exit stop. performs a manual close when going sideways.
Fib Guppy for volatility predictionsThis is a guppy made from FIbbonacci numbers (from 1 to 1597).
Here is how to trade with this guppy.
when 6-8 lines tighten together, it means there will be high volatility coming very soon. Trade according to where the next candle opens (for scalping etc). For example: if the 8 lines of guppy tighten and candle closes above guppy with momentum and trend in the same direction(up), then there could be expected a big move in that direction. Vice versa if a candle closes below the tightened guppy with momentum and trend at the same direction, then the volatility will push price lower exponentially.
Easy. peace of cake. go make yourself a millionaire.
[f(x)] Bollinger Donchian RemixThis is my version of a mixture of Bollinger and Donchian (BB/DC Remix)
It is a modified fork of Dolchian/Bollinger Hybrid by Ricardo Santos ( DBH.V0)
this is the two pictures comparing it.
Made this Fork because Santos' code starts getting chopping with my type of settings.
His time input is 24, but mine varies between 13 and 21.
You really notice in scalping and sometimes intraday timeframes with my settings.
His also differ from mine based on the trendline, where he modifies his Simple Moving Average, which is default color is black, and I use the the default one, which the default color is red.
Also you can change the trendline type input (open,close,hl2,etc...) to tailor your preference.
Note: Default is close, Santos use hl2, I use ohlc4.
5 Moving Aveage (based on Madrid)Variation of Madrid Moving Average Ribbon using only 5 MA's. Created to show trend and take advantage of scalping or pullback opportunities.
John Carter's Buy/Sell Scalper V2After a couple adjustments, double signals are now being ignore.
Here's how this script works:
Based entirely on a John Carter scalping setup, a candle will be painted purple if the next two closes are in a opposite direction of the past trend.
Green triangles indicates that the reversal is bullish, red triangles indicates that the reversal is bearish. Both are entry/exit points if you want to follow this set up.
Personally, I find this setup to work best in trending days, but it does a great job on choppy days if you use it as a confirmation.
RSI + StochasticRSI overbought and oversold histogram
Just indicator combo of oldschool slow stochastic and rsi, just looking a little bit better for someone.
Strategy is simple:
1) RSI is overbought or oversold (above 70, below 30)?
2) Stochastic line crosses its ema?
3) Stochastic and stochastic ema are in overbought = sell, oversold = buy.
Works good in volitile stocks/pairs and suits for fast scalping timeframes 1m 5m 15m
Strategy is old as the books, this is just a better visual for it.
Tripple EMA + RSI candles//This is a new update with specific signals. Clearly, when the red line cut down the green line with a white candle, you had a sell signal for a few candles after. At the back side,.....
SL/TP assistantThis is a simple script to quickly see changes in % in each candle.
In blue open/close variation. In red Histogram with range between high and low.
This helps me understand very quickly what's the typical change in % for a specific timeframe/pair, so I can fine tune my Stop Losses and Take Profits.