If you build Bollinger Bands from the values of Renko or Haken Ashi, then you can get an interesting strategy.
Just saw this on a particular website and created my version of it. A practical modification of MACD and Squeeze Momentum. The MACD histogram is colored in green or red depending on whether the squeeze momentum is active or not. Additionally, the MACD line is colored green if the RSI is oversold and red if it's in the overbought levels.
v2a Price action levels for multiple timeframes with standard alignment and offset options using modulus for stagger and spacing 1hr, 4hr, D, 3D, W, M, Quarter, Year timeframes and levels available Based upon Long term levels by scarf()
Dear all, Free strategy again. I found using 3 volatility stop with different settings could be very helpful when trading an intraday trending market. With the ATR setting or 5, 10, 15, we can weed out many false break. Vstop setting is OHLC4. On the other hand, this strategy also utilize Renko as part of the strategy, so you could say this strategy is...
This indicator is free to all Oasis Trading Group members. Create A Strat is an indicator that allows you to do just that - create your own strategy. You can select from an EMA, Bollinger Band, VWAP and candle as each source. You can program it to alert you when the desired condition occurs. Some possible examples include: Candle closes above Bollinger band EMA...
Welcome to the DRAGO v1. This indicator is best used on heikin ashi candles on higher timeframes such as 4hr, 1 day. You can set alerts on this indicator for Buys and Sells. This indicator does NOT repaint. No back tester is currently provided with the Express. DM for access!
Welcome! We're pleased to introduce DynaPIV Trend! This single script provides a array of valuable trend information that can help in short term scalping strategies, and helping define trend strength across support and resistance points. The heart of DynaPIV is an dynamic, volatility adjusted moving average based on fibonacci ratios. The script creates a visual...
Another Traders Dynamic Index that uses real market data instead of Heiken Ashi data to calculate values and plot the indicator when used with Heiken Ashi candles. Also offers a quick glance with up/down triangles plotted along the 50 horizontal line when Deam Malone's conditions are met.
Inspired by @bitmexstorm study Volatility-calibrated ATR This study features two different ATR trail derivative concepts-Default one is called- "Silicone", and the alternative is called- "Mercurial. To decrease confusion during backtesting, trails plots with distinct color palette. Options include the ability to apply a smoothening filter that affects both...
Indicator «SN31» Class : oscillator Trading type : scalping Time frame : 5 min Purpose : reversal trading Level of aggressiveness : standard Indicator «SN31» is based on the linier regression and normal distribution. Regression is one of the most popular and effective methods of the time series analysis and data prediction. Indicator «SN31» uses...
Introduction "You don’t put sunscreen when there is no sun, you don’t use an umbrella when there is no rain, you don’t use a kite when there is no wind, so why would you use a trend following strategy when there is no trend ?" This is how i start my 4th paper "A New Technical Indicator For Optimal Markets Detection" where i present two new technical...
A revision on the famous Monday Range Script, with the first day of the week goes to Monday for FX trading.
when strength > 0, it's a bullish signal. more the strength value bigger ,more bullish.
Acknowledgements: Everget for Chandelier Exit indicator, mortdiggiddy for the Adaptive ATR-ADX Trend indicator This indicator is a duct-tape combination of the two aforementioned indicators. I wanted a combination of potential stop options, some dynamic and others not, but both at the same time. It is less intrusive/clunky than the Fib-Pivot-Stop indicator, but...
Acknowledgements: Everget for the Chandlier Exit indicator + other indicators for structure reference and MG for the Trailing Pivot stop indicator. I wanted a Fib-Pivot-Stop indicator, so I duct-taped them together with some Fibs, and this was the result. Technically you could say this is experimental and unfinished - the indicator is bulky/clunky enough to...