Combo Backtest 123 Reversal & Chaikin Volatility This is combo strategies for get a cumulative signal.
First strategy
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
Chaikin's Volatility indicator compares the spread between a security's
high and low prices. It quantifies volatility as a widening of the range
between the high and the low price.
You can use in the xPrice1 and xPrice2 any series: Open, High, Low, Close, HL2,
HLC3, OHLC4 and ect...
WARNING:
- For purpose educate only
- This script to change bars colors.
Reversal
AEONDRIFT with FG & DFG {EMA} indicatorsAEONDRIFT with {EMA} implementation of FUSIONGAPS (FG) and DIFFERENTIAL FUSIONGAPS (DFG) derived indicators.
~JuniAiko
(=^~^=)v~
Check out the other analytical tools that I had published.
AEONDRIFT:
Bollinger Bands and Candlestick No Wick ReversalBollinger Bands and Candlestick No Wick Reversal
with alerts
Combo Backtest 123 Reversal & Breakout Range Long This is combo strategies for get a cumulative signal.
First strategy
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
Breakout Range Long Strategy
WARNING:
- For purpose educate only
- This script to change bars colors.
Combo Strategy 123 Reversal & Chaikin Volatility This is combo strategies for get a cumulative signal.
First strategy
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
Chaikin's Volatility indicator compares the spread between a security's
high and low prices. It quantifies volatility as a widening of the range
between the high and the low price.
You can use in the xPrice1 and xPrice2 any series: Open, High, Low, Close, HL2,
HLC3, OHLC4 and ect...
WARNING:
- For purpose educate only
- This script to change bars colors.
Crayons GrayonsUpdate for
Crayons 0.2
Crayons is early onset hyper customizable trend reversal trading suite
There is some big changes for Signal and Pivot generation and its set as Default mode so in case of nostalgia for white noise there is an option to "rollback" placed at the top of input menu
As always- hyper customizable
Every singal core crayon signal group will be turned on by default so open input menu for personalizing signals to charts and personal character
Crayons 0.2-
Greatly improved Signal quality
Improved Pivot detection logic
Two Set's of Pivots "Cleaned" and "Vanilla"
Optional Polichrome candle painter mode to provide additional information on demand
Optional Labels for signals and pivots
Secondary risk filter filtering "riskier" signal sequences (Experimental)
Second MA is changed by ATR modified to work as trailing S/R (Source is ohlc4 for whip protection model is experimental ,filters used is not suitable for micro tf so atr calls for higher periods, its experimental and will be fixed or removed with later updates, added for testing purposes)
Combo Backtest 123 Reversal & Center Of Gravity This is combo strategies for get a cumulative signal.
First strategy
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
The indicator is based on moving averages. On the basis of these, the
"center" of the price is calculated, and price channels are also constructed,
which act as corridors for the asset quotations.
WARNING:
- For purpose educate only
- This script to change bars colors.
Combo Strategy 123 Reversal & Center Of Gravity This is combo strategies for get a cumulative signal.
First strategy
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
The indicator is based on moving averages. On the basis of these, the
"center" of the price is calculated, and price channels are also constructed,
which act as corridors for the asset quotations.
WARNING:
- For purpose educate only
- This script to change bars colors.
Engulfing + MACD/MACD ZL + MAHi everyone
This is a simple algorithm that I used on timeframe > m30 to detect strong reversal signals based on :
- Engulfing pattern
- MACD ZL 12, 26, 9
- Price vs SMA 7
Last two parameters are optional but gives more security. Otherwise, waiting for confirmation gives later entry.
Up to you to find the right balance between too much security (and taking the trade too late) and not enough confirmation (taking the trade too early and it will go the opposite way)
I recommend the novice traders (less than 2 years trading), to stick with the 3 parameters above .
It's to be used after a strong moment and as we're talking about reversals, I mean trade against the current trend.
Meaning they're more risky, so... you know the drill :) :
- Tight SL
- Protect the position quickly when going in the way you want
- Don't aim for very high TP. Have a few laddered obviously in any case
- Use a trailing stop to protect your gains
Hope you'll like it
Enjoy
Dave
Combo Strategy 123 Reversal & CCI This is combo strategies for get a cumulative signal.
First strategy
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
The Commodity Channel Index (CCI) is best used with markets that display cyclical or
seasonal characteristics, and is formulated to detect the beginning and ending of these
cycles by incorporating a moving average together with a divisor that reflects both possible
and actual trading ranges. The final index measures the deviation from normal, which indicates
major changes in market trend.
To put it simply, the Commodity Channel Index (CCI) value shows how the instrument is trading
relative to its mean (average) price. When the CCI value is high, it means that the prices are
high compared to the average price; when the CCI value is down, it means that the prices are low
compared to the average price. The CCI value usually does not fall outside the -300 to 300 range
and, in fact, is usually in the -100 to 100 range.
WARNING:
- For purpose educate only
- This script to change bars colors.
Combo Strategy 123 Reversal & CCI This is combo strategies for get a cumulative signal.
First strategy
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
The Commodity Channel Index (CCI) is best used with markets that display cyclical or
seasonal characteristics, and is formulated to detect the beginning and ending of these
cycles by incorporating a moving average together with a divisor that reflects both possible
and actual trading ranges. The final index measures the deviation from normal, which indicates
major changes in market trend.
To put it simply, the Commodity Channel Index (CCI) value shows how the instrument is trading
relative to its mean (average) price. When the CCI value is high, it means that the prices are
high compared to the average price; when the CCI value is down, it means that the prices are low
compared to the average price. The CCI value usually does not fall outside the -300 to 300 range
and, in fact, is usually in the -100 to 100 range.
WARNING:
- For purpose educate only
- This script to change bars colors.
Engulfing Candles DetectorHello traders
Credit to HPotter for that script
I took his script and added alerts to it. 2 lines lol
But anyway, useful to detect reversals by coloring bullish/bearish engulfing candles :)
Enjoy
David
Enhanced Convolution RasterChart (HeatMap) - Dr. John EhlersThis is my enhanced version of Dr. John Ehlers' convolution heat map using Pine Script version 4.0. The original concept comes from chapter 13 of his book "Cycle Analytics for Traders". I did heavily modify the original computations for the purpose of reducing lag, but sometimes only improved by occurring one bar sooner. I would consider this a confirmational indicator due to the fact, that the vibrant and dramatic color changing technique usually occurs after reversals at the lowest portion of the chart in an overall positive trend typically, unless you have adjusted the "Periods" optimally by chance.
I provided multiple color schemes with an inversion technique for those of you who may have color blindness vision impairments. You may contact me in private if these color schemes are not suitable for your diagnosed visual impairment, and you would wish to contribute to seeing this color scheme improved along with other future indicators I shall release.
The "Shortest Period" controls the smoother and the "Longest Period" controls the highpass roofing filter.
I once again would personally like to thank the talented individuals at TV for providing a platform that embraces an initial free membership, which I first obtained myself, for individuals like me to freely code in Pine with mathemagical ideas and mental wizardry, creating ultimately, inventions like this eye candy display above.
Features List Includes:
"Source" Selection
Longest period adjustment
Shortest period adjustment
Dual color scheme option
Color inversion checkbox
This is not a freely available indicator, FYI. To witness my Pine poetry in action, properly negotiated requests for unlimited access, per indicator, may ONLY be obtained by direct contact with me using TV's "Private Chats" or by "Message" in my member name above. The comments section below is solely just for commenting and other remarks, ideas, compliments, etc... If you do have any questions or comments regarding this indicator, I will consider your inquiries, thoughts, and ideas presented below in the comments section, when time provides it. As always, "Like" it if you simply just like it, and also return to my scripts list occasionally for additional postings. Have a profitable future everyone!
Combo Backtest 123 Reversal & Bull Power This is combo strategies for get a cumulative signal.
First strategy
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
Bull Power Indicator
To get more information please see "Bull And Bear Balance Indicator"
by Vadim Gimelfarb.
WARNING:
- For purpose educate only
- This script to change bars colors.
Combo Strategy 123 Reversal & Bull Power This is combo strategies for get a cumulative signal.
First strategy
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
Bull Power Indicator
To get more information please see "Bull And Bear Balance Indicator"
by Vadim Gimelfarb.
WARNING:
- For purpose educate only
- This script to change bars colors.
MOMEMTUM READER ULTIMATEMomemtum Reader is the complement of Market Reader it will help you to find market Top and Bottom.
Vortex Trend TrackerThough it may sound complex, the Vortex Indicator is essentially an uptrend line and a downtrend line. The vortex indicator can be used for a variety of purposes, including tracking the strength of trends, identifying/anticipating reversals, and generating entry/exit signals. It’s calculation is shown in the open-source code below.
To reduce the number of whipsaws produced by the indicator, we used an Exponential Moving Average of vmPlus and vmNegative values with a default length of 10. Decreasing this length will result in a more responsive vortex at the cost of more whipsaws and false signals.
The chart shows the absolute value of the difference between the uptrend and downtrend line displayed as the main histogram.
If the uptrend line is greater than the downtrend (thus indicating positive movement), then the histogram bars will be either light green or dark green. If the uptrend line has just now crossed the downtrend line, then the bar will be dark green. Bars will also be dark green when the uptrend line is greater than the downtrend line and the uptrend line is increasing. This means the trend is increasing in strength still. If the uptrend line is greater than the downtrend line, but is decreasing, then the bars will be light green. This means that the upwards trend is losing strength.
If the downtrend line is greater than the uptrend line, then there is a negative trend occurring and the bars will be either red or light red. If the downtrend line has just crossed over the uptrend line or is increasing in value, then the bar will be red. If the downtrend line is greater than the uptrend line, but is decreasing in value, then the bars will be light red (meaning the downtrend is weakening).
One way to trade using this vortex is to enter a long position when the bar color changes from red to light red. This would mean that the downtrend is decreasing in strength and an upwards reversal is likely to occur soon. Then, traders can exit their long position when the bars change from dark green to light green. When that color change occurs it means that the uptrend is running out of steam and price is unlikely to continue its upwards climb.
Traders can also choose to have the uptrend and downtrend lines plotted as well in the input menu. This may make it easier to visualize the Vortex and its usefulness in identifying reversals.
Combo Backtest 123 Reversal & Bull And Bear Balance This is combo strategies for get a cumulative signal.
First strategy
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
This new indicator analyzes the balance between bullish and
bearish sentiment.
One can cay that it is an improved analogue of Elder Ray indicator.
To get more information please see "Bull And Bear Balance Indicator"
by Vadim Gimelfarb.
WARNING:
- For purpose educate only
- This script to change bars colors.
Combo Strategy 123 Reversal & Bull And Bear Balance This is combo strategies for get a cumulative signal.
First strategy
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
This new indicator analyzes the balance between bullish and
bearish sentiment.
One can cay that it is an improved analogue of Elder Ray indicator.
To get more information please see "Bull And Bear Balance Indicator"
by Vadim Gimelfarb.
WARNING:
- For purpose educate only
- This script to change bars colors.
Combo Backtest 123 Reversal & Breakout Range Short This is combo strategies for get a cumulative signal.
First strategy
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
Breakout Range Short Strategy
WARNING:
- For purpose educate only
- This script to change bars colors.
Combo Strategy 123 Reversal & Breakout Range Short This is combo strategies for get a cumulative signal.
First strategy
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
Breakout Range Short Strategy
WARNING:
- For purpose educate only
- This script to change bars colors.
Rounded Bottom Breakout Strategy Moving Averages20-day SMA , 34-day EMA , 50-day SMA and 200-day SMA moving average indicator based on Rick Saddler's Rounded Bottom Reversal Breakout Strategy