The strategy combines a contrarian approach (buying the dips) with a trend-following logic (only when the price is above the MA200) The strategy seeks to find the best times when buying the dips on the asset should result to be more profitable. The price above a long-term moving average indicates momentum that increases the possibility of profiting from buying...
Script that plots the 200 Moving average, and several Mayer Multiple levels in the chart. This may help guestimate TP levels
Classic ATR (average true range) with triple MA (instead of default simple MA). Specially designed for options volatility management.
As traders and investors now urge to console volume factors into their price action analysis. This script is an attempt to combine volume-weighted moving average (VWMA), volume-weighted average price (VWAP), along with the exponential moving average (EMA). I have found that this indicator works quite well with the stock market. How to use the indicator: Buy when...
Hello All, This the script for Moving Average Convergence Divergence – MACD of Thomas Aspray, and called as MACD-AS and you may get earlier signals than MACD. As MACD and MACD-AS are trend following indicators, they do not function well in sideway markets. An example how it gets earlier signals than MACD Good luck!
Trends & Ranges uses EMA ATR bands as a SuperTrend indicator. How to use: This indicator can be used to give you a direction bias, with the added function to create ranges which often lead to reversals or flat trading periods. Trade the break-out or wait for pull backs in the direction of the trend. I'm not great at explaining stuff and will probably make...
Using this indicator you can apply EMA cross of different EMA types. For reducing noise you may think of applying double smoothing and use it in conjunction with RSI and ADX combination. You may consider using the RDX++ indicator published to public library Ex: If RSI and ADX is bullish (Green) and you are getting a buy signal, then probability of winning is...
Mad Move allows to highlight big candles on graph and trigger alerts when a big candle appears. it allows you to react quickly on your trades if necessary. Only one parameter: "Move Size: price variation amount (default: 30) Time frame is decisive. Logically, the smaller it is, the more the relevance increases To create an alert, you must activate the script on...
Just 3 Moving Averages with adjustable settings, plus signals crossover between price and MA Media. Types of MAs supported: SMA, EMA, WMA, VWMA, SMMA, DEMA, TEMA, Hull/MA, ZEMA, TMA, SSMA The signal is given when the price crosses the MA Average. The random line only works on indices, it indicates that if the price exceeds it, the continuation of that movement...
Hello, I'm playing around with EMA and I found combine change value of Price and RSI create interesting Moving Average to combine with EMA Basically I just increase up and down sensitivity with RSI as source. I think it does visualise Bull and Bear momentum better When Price above EMA and and Price above EMARSI and EMARSI above EMA = Strong Bull, vice versa and...
Hello, this script was made upon the request of aliergin63, one of my followers. I do not know exactly from whom it is quoted. (It may be author HighProfit.) Long position when 8 dema is over 20 dema and 63 dema, it opens a short position for the vice versa. Alarms have been added. %0.1 comission added. Regards. Note : DEMA = Double Exponential Moving Average
Hello Friends , This is a strategy based on WMA , You can get Buy and Sell Signal based on WMA & 20 other indicators. You are free to use it but do not trade on this. This is made for educational purpose only BITA TRADING
"you must have" indicator if you trade Forex major pairs. So far this is the most reliable script i have for trade forex pairs. This indicator will give us information of momentum, strength and cycle. What i like about Z-SCORE, it's calculate price and volume. Setting : 1. Set Color 0 and Color 2 into thick line, it will give you strength information. The...
Simple indicator to help show when stocks are over extended intraday. It's based on the distance between a stock and it's moving average. The thesis being that, the farther away a stock is from it's 20 period simple moving average, the move extended it is. I've found that when a stock is more than 2-3% extended from it's 5min 20 period moving average, it's...
This is non-repainting indicator which can be used for Index, Stocks, Commodities and Bitcoin or any other securities depending upon the various parameter setting of the indicator. This particular strategy is for intra-day Bank Nifty Index which is traded on NSE(India). The same strategy can used for Nifty, Stocks and other indices also by adjusting the...
This is non-repainting indicator which can be used for Index, Stocks, Commodities and Bitcoin or any other securities depending upon the various parameter setting of the indicator. This particular strategy is for Nifty-50 Index which is traded on NSE(India). The detailed description about the indicator is as follows: Long Period: Period for calculating Primary...
Hey, as the creator of “zays ema” I’m proud to code a moving average that references a lower time frame, this moving average represents strong supports or strong resistant and when applied to a chart you can see when price action is on this moving average it would either consolidate for a set period of time or bounce violently to the upside or downside. This...