There are many ways we can trade the Peso and some trades have a much higher probability than others, such as the morning NY session trade that we teach as part of the Peso Pros course (el desayuno trade). This indicator relates to a trading strategy that is intraday using the stochastic oscillator indicator, trend detection, fibs and of course... some of...
NOTE #1: Must be used on a 15 minute chart!!!!
NOTE #2: In development.
Multiple timeline script which has 4 swim lanes, one for a different timeline...
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4 HR
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1 HR
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30 MIN
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15 MIN
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For each timeline script displays divergences + macd X +...
This one combines divergences + macd X + pumps/dumps + supertrend + ATH/ATL + MA X
Label meanings....
General
- Red is a negative/sell signal
- Green is a positive/buy signal
Divergences
- adds up multiple divergent signals on one candle
- Divergences include RSI + MACD + Stochastics + OBV
- Due to too many OBV Divergence false signals it only displays OBV...
Just a script I want to share with friends on a discord
orange/green line : longs vs short ratio (100 = only longs, 0 = only shorts)
purple line : RSI of (longs-shorts)
Do you think it is a good idea to use the Stochastic / MACD / EMA and cross check THREE timeframes to detect a new trend?
If you think that it would be a good idea, this is the script that you are looking for.
The Trend Following Scalper (3 Time Frames) script has been developed to automate the trading activity by detecting a new trend and by scalping a fixed...
Do you think it is a good idea to use the Stochastic / MACD / EMA and cross check TWO timeframes to detect a new trend?
If you think that it would be a good idea, this is the script that you are looking for.
The Trend Following Scalper (2 Time Frames) script has been developed to automate the trading activity by detecting a new trend and by scalping a fixed...
RSI with values 60-40 Displays a check when it crosses below 40 and an X when it is above 60 (Team DM System) Stochastic displays purchase / sale zones.
This indicator inserts in the same frame the data coming from the Stochastic Slow of Two different timeframes .
By using the “Time Frame 1” and “Time Frame 2” configuration parameters it is possible to specify the two timeframes.
This indicator is very useful to avoid a false signal generated by a single Stochastic indicator that doesn’t consider the...
This strategy has three components.
Philakones EMAs are a sequence of five fibonacci EMAs. They range from 55 candles (green) to 8 candles (red) in length. A strong trend or breakout is marked by the emas appearing in sequence of their length from 8 to 55 or vice versa. These EMAs are also used to signal an exit. Only two EMAs are used for exit signals -...
Hello,
I made a custom indicator.
Divergences with stochastique and price are really strong signals.
About the indicator
A bullish divergence happens when the stoch K makes a higher low and is depicted by a green triangle up.
A bearish divergence happens when the stoch K makes a lower high and is depicted by a red triangle down.
This script is the base for my...
Ehlers Stochastic Cyber Cycle indicator script.
This indicator was originally developed by John F. Ehlers (see his book `Cybernetic Analysis for Stocks and Futures`, Chapter 8: `Stochasticization and Fisherization of Indicators`).
This indicator shows GRaB candles and allows several moving averages to be displayed at the same time.
It uses background coloring to identify momentum shifts. Wide bands of color can be used to identify trends while short bands of color can be used to identify reversals.
It has arrows above or below the candles to show CCI values above 100 or below -100 with...
