Level: 2 Background Price envelopes sare shown at a set percentage above and below a moving average. They are used to indicate overbought and oversold levels and can be traded individually or in conjunction with a momentum indicator. Function L2 Price Envelope Tracker is an innovative indicator that use customized envelope of price to disclose overbought and...
CCI & EMA_CROSS_Paydar Hello everyone This indicator is actually a very efficient oscillator, This system is a unique combination of indicators CCI and EMA, which of course has special settings, these settings are adjusted as much as possible due to signaling. As you can see in the picture: CCI: the two colors line, green and red, are actually the same...
This is combo strategies for get a cumulative signal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The strategy buys at market, if close price is higher than the previous close during 2 days and the meaning of 9-days Stochastic Slow...
- NLX Modular Trading Framework - This Noise Filter is build upon a logic of Hurst Exponent and MA-ATR %-Distance to Price and does a great job at filtering choppy trades and noise. The Hurst Exponent will analyze a time series and determine whether it is a geometric Brownian motion, mean reverting or trending and effective at filtering out whipsaws. -...
- NLX Modular Trading Framework - I've written this QQE Indicator from scratch and the functionality is self-explaining. The Qualitative Quantitative Estimation (QQE) indicator is computed based on a combination of smoothed RSI and the average true range. - Getting Started - 1. Add this QQE Indicator to your Chart 2. Add the Backtest module to your Chart...
This is a breakout system that has pivot swing lines and a trailing stop built in. Many people try to use different ways to find out what a swing point is such as, zig zags, lookbacks, fractals, hand-drawn chart lines, or other subjective indicators. This looks at the heiken ashi price to objectively find the swing pivots. Many would agree that the color changes...
The US Dollar Index (DXY) is really important for Binary traders who looking for setups on USD pairs. With this indicator, you dont need another chart or switching between your current USD-pair chart and DXY chart. What's the different with normal DXY? THE DAILY GAP If you know what happens when there is a GAP in DXY, this is your indicator. FYI: I'll wait...
This indicator combines the essential indicators that ASFX traders use, including the EMAs (8, 21, 50, 200, 800), the Average Daily Range, the Asian Range, and the Pivot Points. The EMAs should be used as dynamic supports and resistances. We could use it to find entries like when there is a bullish engulfing coming off the 21 EMA. The Average Daily Range tells...
This is a helper indicator for Scanner Sauce strategy by Manny Q. Best use with Harmonic patterns . v0.2 features Show BUY/SELL signals (green/red background) Draw Scanner Sauce template Alerts for BUY/SELL/BUY OR SELL Alerts for MG4 and MG20 crossing Orange background confirms the current trend. How to use signals Green background for BUY Red...
Thanks to MasBart, I updated the earlier version to normalize signal and lead according to vigor and trigger. Vigor and trigger are limited to +-2. Now signal and lead are also in that range. The code of interest is lines 39-43: tmpdif = (BP - nz(BP ))/close a = array.new_float(0) for i = 0 to win-1 array.push(a, tmpdif ) den = array.max(a) den is then used...
The TopBot Reversal indicator utilizes exhaustion and historical price levels to draw a possible recent top and bottom level. Using these lines together with other directional indicators such as Stochastic or RSI, we can draw a conclusion to a possible reversal at these levels. Use the link below to obtain access to this indicator.
The title pretty much sums up what this script does. It's intended for Pine Script developers, but especially for newcomers to Pine Editor contemplating the use of barstate variables. I would recommend using this on 15 second or 1 minute chart intervals for a quick and obvious analysis of barstate behaviors. These barstate variables change from TRUE to FALSE or...
INTRODUCTION Trend Signal is based on two-period averages algorithm to filters out market noise based. This gives the chart a smoother appearance, making it easier to spots trends and reversals USAGE BUY when candle change from RED to GREEN SELL when candle change from GREEN to RED This indicator come with an alert. User able to set an alert notification...
Level: 1 Background @testtttt1111 inquired me how to model banker entry Function L1 Banker Entry Indicator demostrates a simple model of banker entry for long or short Key Signal bankerthreshold ---> customized input for threshold value for banker move identification pumpdumpsoon ---> alerts for pump or dump start soon in green color longshortentry --->...
Level: 1 Background The MACD is a superior derivative of moving average crossovers and was developed by Gerald Appel in 1979 as a market timing tool. MACD uses two exponential moving averages with different bar periods, which are then subtracted to form what Mr. Appel calls the Fast Line. A 9-period moving average of the fast line creates the slow...
Level: 1 Background The KDJ oscillator display consists of 3 lines (K, D and J - hence the name of the display) and 2 levels. K and D are the same lines you see when using the stochastic oscillator. The J line in turn represents the deviation of the D value from the K value. The convergence of these lines indicates new trading opportunities. Just like the...
Level: 2 Background Swing trading is a type of trading aimed at making short to medium term profits from a trading pair over a period of a few days to several weeks. Swing traders mainly use technical analysis to look for trading opportunities. In addition to analyzing price trends and patterns, these traders can also use fundamental analysis. Function L2...
Demonstration of a new feature that allows to change lookback period dynamically, used with WMAs. Rather than WMA any one can be used here (SMA, Alma,...) as long as its second argument supports dynamic change. If not, you have to use your own implementation of MA.