Trading Loons Algo Greetings! Thank you for your interest in our script. We are very pleased with the accuracy of our indicators and are highly confident they will augment your trading strategy. These indicators are designed to identify momentum for low-float stocks under $20 and signal optimal ‘bullish’ entry and ‘bearish’ exit. Our indicators span...
This indicator uses a series of five volume weighted moving averages cast out in successive powers of three to calculate a value which expresses the direction and momentum of a trend. It can be used as a contrary indicator to identify waning momentum at the top or bottom of a rally or selloff. It can be used to identify trendline divergence. It can also be used...
Hello Traders, this is a very simple script. It paints the background color based on the close price in reference to an exponential moving average. If the close is above the EMA the background color will be green. If the close is under the EMA the background color will be red. You can adjust colors and the EMA period by yourself. This little indicator...
This is an update for the PTracker v1 that I published couple of days ago. wanted to publish this as a separate script to get a chance to show how the new Portfolio Summary Infobox can be displayed on the price chart as an option. In my opinion, that info box is the most important element in this tool and that's the piece i was most looking for. quick note here:...
The Ichimoku Kinko Hyo is an trading system developed by the late Goichi Hosoda (pen name "Ichimokusanjin") when he was the general manager of the business conditions department of Miyako Shinbun, the predecessor of the Tokyo Shimbun. Currently, it is a registered trademark of Economic Fluctuation Research Institute Co., Ltd., which is run by the bereaved family...
What is Scalping? Scalping is a trading strategy aimed at profiting from quick momentum in a volatile index or stock. Traders who use such strategies place anywhere from 10 to a few hundred trades in a single day. The idea behind such type of trading is that small moves in an index or stock price are much easier to capture than the larger moves. Traders who...
Hi, I'm happy to release this new update after few weeks working. Fixes Fix kumo break-out of Chiku span and close price Fix buy trigger and strong buy trigger Improvement Signals take now the kumo thickness and kumo angle Signals does not trigger on doji candles Multi time frame validation is now available I hope this fixes and new...
This is a simple heatmap based on multi-timeframe Bollinger Bands to find range support & resistance . It makes dynamic confluence zones visible and can be used to add evidence to a thesis or as a basis for a custom range S&R trading strategy. Colors are optimized for a dark chart layout. There are currently 3 presets ( LTF , MTF, HTF) available in case you...
This is a new take on Traditional Pivot Points. By modifying the calculations, we were able to create "pivot zones" with a decent degree of accuracy.
For a dive into the fine details, see the source code/documentation. Quad MA is a program designed to allow a wide range of flexibility in overlaying multiple moving averages onto a chart. This program handles the ability to: - Overlay Up to 4 moving averages on the chart. - Change the length of each moving average. - Adjust optional values for special...
This oscillator based on linear regression . By subtracting the slower LMA from the faster LMA we can get a value, which we will further compare with zero. If the resulting difference is greater than 0, then we can assume that the trend is upward. Also by using offset we could increase the expected profit (focusing on backtest data). You could get access for this...
Hello everyone, this is my last try to publish this MTV Pixel, hopefully it won't be moderated anymore. Here I give some explanation about this script. HOW IT WORKS Consists of four parts : - The first pixel is a pixel that shows a trend during an uptrend, a trend when the market is considered bullish (above the MA20 line) - The second pixel is the volume pixel,...
WTT Volume Trend by Morty Inspired by Natural Trading Theory It is a colored volume indicator based on the strength of single candlestick pattern. It also paints two weighted volume SMA, which shows the strength and trend of the market. Version 1.0, Updated at 20210327 Features: - Colored volume bars (Optional) - Weighted Bullish volume SMA trend lines...
This is a Cup and Handle Indicator. Features include: Can set alert at any point after handle starts rising before breakout Can detect multiple tops before confirming cup and handle pattern, not just double. Many settings to adjust to meet your exact requirements The functionality of this indicator is very similar to my double top indicator , and...
This script publishes the weekly and monthly RSI Indicator on the daily chart. You have an option to view the daily RSI It is preferable to use this indicator on a Lower time frame. Eg. Daily, 1 hour chart...
Written from scratch Ichimoku indicator, based on original calculations from Hosoda books. All formulas are exactly the same as Hosoda put them in his books, it contains additionally analysis from Higher Timeframe allowing to display Chikou trend, Kijun and Senkou-span B which are crucial in determining trend. It also contains overlay of Kyushu Legs. This is...
Strategy NNFX, Baseline, QQEs Fast C1, Slow C2, ATR, Volume and Exit This is a Strategy Tester designed to work with Study (Alerts) of the same. At time of creation based on Revision 8 of the Study. DO NOT USE the Currency/Money Management section under settings. use the position sizing under "Inputs" - "Money Management" - "Risk per trade" which is...