Buy when price is above 20 day HMA & RSI is above 60. Sell when price is below 20 day HMA and RSI is below 60. There is 200 day HMA filter. There would be no sell trade when price is above 200 day HMA and vice versa.
I haven't seen any indicators that has the buy and sell strategy using Bollinger and Momentum index as detailed as this one. Has built in Bollinger Bands Chart Buy: Uses 25 bar Bollinger Bands and looks for prices that are oversold. If the SMI Ergodic trends upwards in 4 candles it triggers a buy signal. It shows the downward trend is over. Sell: Has stop loss...
This indicator calculates and shows the percent change compared to one year ago in order to showcase the year over year rate of change. This is to be used on traditional assets that trade during the same schedule as the New York Stock Exchange. On average that is 252 trading days per year. Moving up means the rate of change is accelerating (bullish). Moving...
The Ichimoku v2 is a comprehensive TradingView script designed for traders seeking to leverage the power of Ichimoku Kinko Hyo analysis combined with Relative Strength Index (RSI) filters for enhanced trading decisions. This version brings a multi-dimensional approach to trading, focusing on trend analysis, momentum, and market sentiment across different...
Overview This script is a dynamic form of support and resistance. Support and resistance plots areas where price commonly reverses its direction or “pivots”. A resistance line for instance is typically found by locating a price point where multiple high pivots occur. A high pivot is where a price increases for a number of bars then decreases for a number of bars...
This script combines various technical indicators to create a comprehensive algorithm for trading the BIST (Borsa Istanbul) stock exchange on a monthly timeframe but feel free to trade on different timeframes. In conjunction with the SMI Ergodic, the script incorporates Bollinger Bands to assess market volatility and potential price extremes. By analyzing the...
This is a strategy inspired by Larry Connors R3 Strategy. While I did not invent this Triple RSI strategy I wanted to test it on a larger dataset on tradingview. The original strategy was published by Oddmund Groette. His backtest goes as far back as 1993 while tradingview SP500 index goes way further back. Testing this strategy has shown that it has periods of...
Omega Supreme! This is a triple Band Strategy that generates Buy and Sell Signals. It uses a smoothed Bollinger Band with %B extremes, an MFI component that checks volume, and Fayterro Bands that also implement the same Bollinger Band logic for confirmation and to clean up excessive signals. The first signal is John Bollinger's classic Bollinger Band Cross in...
This is an update on the " Body Percent" indicator, which simply looks at ratio of candle wick to candle body, this indicator. I published these indicators separately, rather than update the Body Percent indicator, to allow someone to use either or both combined. In this indicator, I've paired ratio of body/wick with the ATR to allow for range of candles to be...
The indicator is to accumulate these 3 most used indicators Supertrend EMA 20 50 100 Ichimoku Cloud. the length of any indicator can change as per requirements separetely.
The "Support Resistance & Ema" indicator combines various strategies to assist traders in identifying significant support and resistance levels on the chart and in following trends through exponential moving averages (EMA). This script is designed to be versatile and useful in different trading strategies. Key Features: Support and Resistance: It utilizes pivot...
The HTF Candle Consistency indicator tracks the most recent candle sentiment in up to 10 Higher Timeframe (HTF) and colors the user chart candle bodies based on the dominating sentiment. Users can weigh specific timeframes more significantly. Additionally, the script provides an HTF dashboard that displays the current directional readouts for each selected...
The end of month effect is a well known trading strategy in the stock market. Quite simply, most stocks go up at the end of the month . What's even better is that this effect spills over to the next phew days of the next month. In this script we backtest this theory which should work especially well on SP500 pair. Here are some hypothesis why this effect...