Follow the trend system The system uses MA20 as trailing stoploss and marks the strong trending area with color yellow. This system only uses for stock and Long position.
Hello traders, I started this script as a joke for someone... finally appears it could be used for educational content Let's talk about leverage and margin call Margin Call A margin call is the broker's demand that an investor deposit additional money or securities so that the account is brought up to the minimum value, known as the maintenance margin. A...
Harmonic System Strategy Buy=crossover(X1,X2) Sell=crossunder(X3,X4)
Chaloke System Buy=Short>Middle and Close > Short ,barcolor(green) Sell=Close < Long or Short<Long,barcolor(red)
Hey traders, at first thanks to the one and only Master Educator Stefan Kassing for sharing his legendary system with us! And also credit to Mortdiggiddy , RootDuk and PineCoders for helping me with the script =) This script is calculating the daily range (in pips) of the current market you are in, in relation to the last 70 days (10 weeks) . It...
Today we have a simple, but endlessly versatile, indicator that plots the X Period High/Low/Mid of your chosen market. Traditionally the 52 week High/Low is used as a breakout signal. However, by changing to an X period, and adding a midway line, we create a more versatile indicator that can be tailored to various markets. By default it's set at 250 periods...
Got inspired by @DropTopSakky to make this after he had been talking about the significance of the 21EMA for a long time Recommnedation: Use this on the 1-hour to 15 minute timeframe. Will add a feature in the future for lower timeframes. For now lower timeframes have too much noise though. Was bored today so decided to make a system based on the 21 period...
Firstly, 100% of the credit goes to Greg Morris @ Stockcharts.com for the article detailing the concept and most of the settings/components. I've simply implemented his idea. I haven't sought permission from him, but given that he was open with the components of the indicator I'm assuming he's happy for me to go ahead and code this in pinescript. See the article...
Volatility Band Long Only Reversal Trading System
This strategy uses a multi-time-frame approach to trading. A longer-term set of moving averages represents the Weekly (long-term) Trend. The current trend represents the intermediate-term trend. A 10 period exponential moving average represents the short-term trend. The system trades in the direction of the long-term and intermediate term trend, and enters trades...
The Volatility System was created by J. Welles Wilder, Jr. It first appeared in his seminal masterpiece, "New Concepts in Technical Trading Systems" (1978). He describes the system on pp.23-26, in the chapter discussing the first presentation ever of the "Volatility Index", built using a novel way of calculating a value representing volatility that he named...
This Script uses Parabolic SAR (developed by Welles Wilder) and some Moving Averages to calculate BUY/SELL and Close Buy/Close Sell points. Additionally the script adds Stop Loss line that is calculated by using Average True Range (ATR). Basically, script checks the Parabolic SAR and gets confirmation from moving averages or parabolic sar of the higher time...
This system was designed for the beginner trader to make money swing trading. Your losses will be small and your gains will be mostly large. You will show consistent profit. Period. The system works on any security you like to trade. I used GBPUSD as an example because of the up swing and down swing it had recently. I tried to put as much information of how the...