SnorkelSteve

Combination Parabolic MA/IIR/ALMA Strategy, and other goodies

Okay, so this is a lot. It started mostly with me combining indicators and looking for ideal entry criteria.

It is also a collection of conditions, whether used or unused, for my current chosen "best" strategy. It is currently set how I like it, but it has changed with time, and will continue to do so. Within, there are variables that are unused, but offer some insight into the overall odds of a trade. They were, in fact, once used but fell out of favor. And all details for this strategy are within the comment header of the script.

As this evolves, I most certainly wont keep any future findings and hope for profit from my peers (yinz). Also, I'd like to give a sincere thanks to the people of TV for what I learned in a few month's time and their flexible membership plans. Basically, I'm just a mad scientist, but this monster's a masterpiece and folks here before me made many indirect contributions to it.

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Okay guys, lastly and most importantly,

Each smack of the like button is a vote of your confidence in me, to my beautiful landladies, Celeste and Adele, that my rent will be caught up and that it won't always be a problem. Which, in my mind, makes me a graph. And they've got strong hands and don't sell the low. I more than respect that. Seriously. And I'm very grateful for their willingness to work with me, but the thing is that I didn't ask first; life just happens. But few are tolerant of others. And quite importantly, I truly believe that I will be successful one day, and that "thumbs-up" button is your vote of confidence. If you're not sure, then don't hit it yet. Maybe my scripts will boost your confidence in me :)
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PS: And you know what? I'ma give a shout-out to Philakone for teaching me everything that I know about Elliot Wave . Absolutely. Two years ago, I would keep telling myself that one day I will put something in his gratuity wallet or pursue the paid courses. And, I still plan on it, because I'm grateful. And so also, to everybody else, I'm recommending him to learn from. because as a trader who might not know everything for free, you can certainly fill in the gaps with his altruistic offerings. And I'm betting that you will then feel more than inclined to buy the Udemy course.

"If wave 2 retraces a lot; number 4 will not". Repetition. Philakone didn't fix my memory but he sure did find a workaround, haha

Okay, everyone, Thanks!
Versionshinweise: I decided to not think too hard and have the multiplier() function return an ambiguous MA number if the resulting length returned is otherwise excessively high. If its over a thousand the length returned is 99. It works. :)

multiplier(_adjRes, _adjLength) => // returns adjusted length based on chosen/current TF
multiplier = _adjRes/timeframe.multiplier
adjLength = (round(_adjLength*multiplier) > 1000 ? 99 : round(_adjLength*multiplier))
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Kommentare

I like your chart but its not working on any of stocks. please help me
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I haven't tried it yet, but loving it, and can see what it can deliver. Great work!
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Good idea
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SnorkelSteve JasonMandel
@JasonMandel, thank you. its more like 3 pieces of 3 ideas, but same difference, lol. It doesn't hurt to be creative. And I haven't seen such a strange Moving Average pairing before. I mean, It was supposed to work, i just had doubts, haha,

If you look at the IIR Moving Average and ARMA made from it, they are SO close and barely ever touch, but consolidation creates a ton of false signals. And a lot of false-signal reducers have reduced the good ones, so I kept it simple. I'm still experimenting and trying new things. I'm sure i'll pick up something new here in the comments. Fingers crossed
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