Strat Assistant
This script will help you follow the strat. While other collections of scripts exist to do similar functionality, the idea of this (work in progress) is to be a one stop shop for all things strat that will evolve over time. Fairly new to the strat and pine script. The script is for informational purposes only. Please do you due...
The script implements the Strat method of trading.
Script will label the candles as 1,2,3 where 1 = inside candle. 2 = trend candle, 3 = outside candle.
The bullish , bearish and continuation patterns are labelled with the relevant strat combination
and up, down rrows.
Some setups are
2-1-2 Bearish Reversal = 2 green candle, 1 inside candle, 2 red...
1 = Inside Bar
2 = Breaks one side of the previous bar
3 = Breaks both sides of the previous bar
2up Green = Current bar breaks previous bar's high and it is a green bar
2up Red = Current bar breaks previous bar's high but it is a red bar
2Down Green = Current bar breaks previous bar's low but it is a green bar
2Down Red = Current bar breaks previous bar's low...
1 = Inside Bar
2 = Breaks one side of the previous bar
3 = Breaks both sides of the previous bar
2up Green = Current bar breaks previous bar's high and it is a green bar
2up Red = Current bar breaks previous bar's high but it is a red bar
2Down Green = Current bar breaks previous bar's low but it is a green bar
2Down Red = Current bar breaks previous bar's low...
Enter 13 symbols of your choice in the input tab. By default some symbols are already entered.
2 Up = Current bar higher than the previous bar.
2 Down = Current bar lower than the previous bar.
Scanning for 2 Up or 2 Down on monthly, weekly and daily timeframes.
2up In Force Only = If the current price is still above the last bar.
E.g. of how I use this..If a...
Plots highs and lows for yesterday, last week and last month.
You can see all of them in the intraday tf. If weekly tf is selected, yesterday's daily high and low won't be plotted and if monthly tf is selected, weekly and daily highs and lows won't be plotted.
This script is a "fork" of Crinklebine's excellent "Candle Type" script for Rob Smith's ( aka RobInTheBlack) #thestrat methodology. 1 strategy that's becoming increasingly popular is looking for 3-1 (outside-inside) set-ups per #thestrat. The idea is that as the inside candle breaks, the target to take profits is given by the high/low of the previous outside...
40 tickers max. Can change the tickers in the settings.
Choose to scan for Inside or Outside bars for current bar or previous bar.
Also scans for 2 inside consecutive bars and 3 inside bars starting from the current candle.
Change timeframe in the settings. Default is set to 1D.
Please DM me to get access.
1= Inside Candle
2= Goes past the previous candle's price up or down
3= Goes past the previous candle's price on both sides
Ability to change the timeframe and the symbols this indicator is scanning through in the input tab under settings of this indicator. Maximum symbols 40. By default some symbols are entered in the indicator already. They cannot be left...
Based on 'The Strat' methodology by Rob Smith.
This script will paint 1 & 3 bars per 'The Strat'.
N.B. Per 'The Strat' a bar is seen as a 1 (inside) when the bar's high or low is an equal tick to the previous bar.
Based on the teachings of Rob Smith
1= Inside Candle
2= Goes past the previous candle's price up or down
3= Goes past the previous candle's price on both sides
Outside Bar (3) is a bar that has broken the price of both sides of the previous bar.
Ability to change the timeframe and the symbols this indicator is scanning through in the input tab under settings...
Based on the teachings of Rob Smith
Ability to change the timeframe and the symbols this indicator is scanning through in the input tab under settings of this indicator. Maximum symbols 40. All of the symbols need to entered. If any symbol field is left empty, the script might not work properly.
This is a simple screener which checks if the current candle is...
Based on the teachings of Rob Smith
Ability to change the timeframe and the symbols this indicator is scanning through in the input tab under settings of this indicator. Maximum symbols 40. All of the symbols need to entered. If any symbol field is left empty, the script might not work properly.
This is a simple screener which checks if the current candle is...
Based on the teachings of Rob Smith
1= Inside Candle
2= Goes past the previous candle's price up or down
3= Goes past the previous candle's price on both sides
Ability to change the timeframe and the symbols this indicator is scanning through in the input tab under settings of this indicator. Maximum symbols 40.
Looking for short or long setups within 40...
Based on the teachings of Rob Smith
1= Inside Candle
2= Goes past the previous candle's price up or down
3= Goes past the previous candle's price on both sides
Ability to change the timeframe and the symbols this indicator is scanning through in the input tab under settings of this indicator. Maximum symbols 40.
Looking for inside bars within 40 symbols. By...
Based on the teachings of Rob Smith
1= Inside Candle
2= Goes past the previous candle's price up or down
3= Goes past the previous candle's price on both sides
Ability to change the timeframe and the symbols this indicator is scanning through in the input tab under settings of this indicator. Maximum symbols 40.
Looking for long setups within 40 symbols. By...
Based on the teachings of Rob Smith
1= Inside Candle
2= Goes past the previous candle's price up or down
3= Goes past the previous candle's price on both sides
Ability to change the timeframe and the symbols this indicator is scanning through in the input tab under settings of this indicator. Maximum symbols 40.
Looking for short setups within 40 symbols. By...
