This is my first script and it is basically a MA crossover/under strategy that uses heikin ashi closing prices. I've also used limit orders based on HA opening prices of the previous day for entry which improves the performance. However, this impose a restriction when prices are moving too fast and the algo is unable to enter the trade, resulting in a bad position...
Pick Bottoms and Tops of a trend with ZTrend indicator. Use this indicator in multi frame for superb results. If you are a Short Term trader, then use 2 hourly and Daily timeframe combination. So after a downtrend, buy when 2 hourly candle turns green and wait until Daily candle also turns Green. Exit when 2 hourly candle turns red. Ride the trend and do not...
This is a diversified Binary Option or Scalping Alert indicator originally designed for lower Time Frame Trend or Swing trading. Although you will find it a useful tool for higher time frames as well. The Alerts are generated by the changing direction of the ColouredMA (HullMA by default), you then have the choice of selecting the Directional filtering on these...
This indicator measures the vertical distance form the current close to the MA of your choice. I find that it does not work best as an oscillator, but it works well for providing early signals for taking profits when trend continuating. For example, if you go short due to a retracement to the MA (of your choice) take profits when a bearish trendline is broken...
I'm a fan of "less is more". This indicator doesn't mess up your chart with lines, symbols, moving averages or such; it doesn't even add another oscillator in a separate window, letting you focus only on what is most important: price action. It will silently do its job by plotting an arrow (upward arrow for long triggers and downward arrow for short triggers)....
Trend Follow script to be used across all market instruments and timeframes. You can display long only, short only or both signals. version 1.4 -> Alerts added version 1.2 -> Only one signal per trend (default) or multiple entry signals per trend version 1.1 -> White theme option added
This indicator plots and colour codes a ribbon between two moving averages. The colour of the ribbon changes with trend direction: when price in uptrend ribbon colour is green; when price in downtrend ribbon colour is red. Options Available: 1) You can select between 11 different types of moving averages, each MA line can be a different type. 2) Option to...
Trend Follow script to be used across all market instruments and timeframes. Now you can display long only, short only or both signals. version 1.2 -> Only one signal per trend (default) or multiple entry signals per trend version 1.1 -> White theme option added
Trend Follow script to be used across all market instruments and timeframes. Now you can display long only, short only or both signals. version 1.1 -> White theme option added
Most definitely this is the best strategy I have ever coded. (Read Note Below) Version 3 of PineScript code, 2 contract/lot trades at once, pyramiding = 2. Commission of 100 pips included on each trade, accurate representation of actual spreads, commission_value = 0.02. This is essentially 270% of profit in a single month - check the date on the first...
Version 3 for you guys, just add to favorites and you can use. Only 36 trades since 2017, since that is when the backtesting began. I made the commission more realistic, now it is about 37 pips per trade. Only works on gold, (XAUUSD). Trend Following as you can see. 1 contract size, 1 trade at a time, good proof of how being correct less than a third of the...
Trend Follow script to be used across all market instruments and timeframes. Now you can display long only, short only or both signals.
Version 2 Updates Speed has been increased by ~7X Highest and lowest pairs now highlighted using brighter colors Re-ordered pairs from highest to lowest 'flight to risk' rating I created this tool for the purpose of determining strongest and weakest currencies over different periods of time. Each major currency is compared to the field of other majors...
Trend Follow script to be used across all market instruments and timeframes.
I created this tool for the purpose of determining strongest and weakest currencies over different periods of time. Each major currency is compared to the field of other majors and its average change is measured over a predetermined period of time. The result is displayed as a percentage. I use it for trend following but it can also be used to fade...
Trend follow script to be used across all market instruments and timeframes. It will be available for testing and subscription soon.
Comprehensive Trend Trading System Indicator made up of the four components to help you successfully trade market trends: Entry Signals (Green & Red Arrows) The entry arrows indicate entry conditions are present. Green for long entries and red for short entries. If you already in position in the direction of an entry signal, ignore it. Switch to position...
//////////////////////////////////////////////////////////// // Copyright by Randalll.com v1.0 09/03/2016 // This indicator provides 5 Exponential Moving Averages. // Works well on 1D,4H,1H TF // To be used with traditional trend following strategies. // Example // If 50/100/200 trending in same direction. Then buy/sell // with trend direction....