This is an adaptive moving average based on a signal noise ratio. It's inspiration is frm Eugene Durenard's book Professional Automated Trading Theory and Practice. Shout out to CryptoStatistical for his implemenation of Durenard's concepts that became the basis for this script. Check out my breakout strategy based on this concept here .
Volatility indicator, combine de difference between EMA55 and EMA10 and ATR.
Weekly OHL + Daily OHL + Intraday Killzones For markets that open the daily candle at 12AM UTC
Weekly OHL + Daily OHL + Intraday Kill zones For markets that open daily candle at 10pm UTC
This will show the price change between the high/low of each candlestick as an oscillator with configurable options to show Long/Short or both.
Stop based on price volatitlty. It uses ATR indicator multiplied by a factor as a reference for protective stop.
Open Position = Open Position when Beta Stop line crossed between high and low of the candle also watch any pull backs. Ignore = It's better to wait and watch the next candle formation If current candle (High-Low) has long body with wick and shadow It will be serve also as a trailing stop loss.
As promised here is the strategy for using STEM and MATCS. The line of code for the buy and sell signals are bare bones. You will even notice that the ATR_CS is not being included in the logic for the buy/sell signals, which causes the ATR fine tuning not to function. I am presenting the code in this way because I want to encourage people to explore their own...
I tried to convert ADX to MTF. The trend strength can be judged with ADX. It can be judged that a trend below 20 is a weak trend, a trend above 40 is a strong trend, and a trend above 50 is a very strong trend. As for the color of ADX, the green part is rising and the red part is falling. It is assumed that you will make a position at the moment when it turns...
The classic moving average crossover strategy does not work well in markets that, instead of trending, tend to frequently reverse within a trading range. The lag between the actual time the market has reversed direction and when the moving average is signalling a trade, the trend is already over and the market is about to go against your position. In this...
This indicator based macd,rsi,stochastic based. But it includes my own secret values. Comes with Machine learning technology and zero lag option. Next generation of technical analysis. Also you can look my other scripts this is symbol scanner this is wolfe and scalping indicator this is trending trend based kst indicator this is also can harmonic...
SNDTOsc helps identify when a market is in a good position to identify an entry. This indicator requires a bit of manual judgement and tweaking for specific markets. In a higher volatility market, use 1 to catch the quicker price movements. In low volatility, use 4. I normally flip between 1 and 2 with an occasional 3 or 4 in the higher timeframe if I need to...
This script drowse renkoboxes on top of candlesticks. This script does not repaint and can be used for alerts generation. If you add Renko to the same chart using security function it won't be the same (which seems to be a bug in TV). To check if my implementation is correct you can open Renko in a separate window and check timestamps. Unlike standard...
Plots the the highest true range for the entire dataset. Beneficial for determine an emergency stopp loss.
Hello traders Continuing deeper and stronger with the screeners' educational serie one more time (#daft #punk #private #joke) We don't have to wait for TradingView to allow screener based on custom indicator - we can build our own ^^ I - Long Terms concept I had the idea from @scarff. I think it's genius and I use this long terms level in my trading across...
The Stop Target indicator is part of my Stock Analysis Software program. This indicator is used for staying in trades longer and getting the most amount of profit possibly, but also it is used for figuring out your stops and targets quickly and efficiently. This indicator can address one of the major issues a lot of people have in trading, which is exiting too...
Combined Bollinger Bands and Keltner Channels with squeeze color coded.