Auf geht's

In den Scripts nach "donchian" suchen

Channel Based Zigzag [HeWhoMustNotBeNamed]🎲 Concept Zigzag is built based on the price and number of offset bars. But, in this experiment, we build zigzag based on different bands such as Bollinger Band, Keltner Channel and Donchian Channel. The process is simple: 🎯 Derive bands based on input parameters 🎯 High of a bar is considered as pivot high only if the high price is above or equal to upper band. 🎯 Similarly low of a bar is considered as pivot low only if low price is below or equal to lower band. 🎯 Adding the pivot high/low follows same logic as that of regular zigzag where pivot high is always followed by pivot low and vice versa. 🎯 If the new pivot added is of same direction as that of last pivot, then both pivots are compared with each other and only the extreme one is kept. (Highest in case of pivot high and lowest in case of pivot low) 🎯 If a bar has both pivot high and pivot low - pivot with same direction as previous pivot is added to the list first before adding the pivot with opposite direction. 🎲 Use Cases Can be used for pattern recognition algorithms instead of standard zigzag. This will help derive patterns which are relative to bands and channels. Example: John Bollinger explains how to manually scan double tap using Bollinger Bands in this video: www.youtube.com This modified zigzag base can be used to achieve the same using algorithmic means. 🎲 Settings Few simple configurations which will let you select the band properties. Notice that there is no zigzag length here. All the calculations depend on the bands. With bands display, indicator looks something like this Note that pivots do not always represent highest/lowest prices. They represent highest/lowest price relative to bands. As mentioned many times, application of zigzag is not for buying at lower price and selling at higher price. It is mainly used for pattern recognition either manually or via algorithms. Lets build new Harmonic, Chart patterns, Trend Lines using the new zigzag?
Pine Script® Indikator
von Trendoscope
18
Straight Trend V1Hello everyone, We are proud to present you our "Straight Trend" Strategy. Strategy is use a specified timeline's opening price as reference and draw a line between the current price and trend line. Trend line is smoothed with last X times of highest and lowest values ( Donchian Methodology) in order to create less noise and fake alerts , therefore creates a channel of current prices time based opening price. The timeline can be adjusted according to your specifications in the settings. ------ Why opening price ? We are traders ,no matter what we do ,we always make a benchmark at the end of a day , week or at the end of a specified time line. Example : X commodity's price increased %15 in last days or Y commodity's price dropped %30 in last 2 weeks etc. etc. Thats why the opening price have a hidden and much more important role in our trading sessions. ------ After the channel is created we remove the unnecessary lines from our output by filtering the direction with closing price. IF the closing price is higher than Chanel reference price and direction goes upward the script gives you a BUY signal. The same methodology is applied for SELL operations. When to Take Profit? We put a setting for profit percentage in scripts setting you can adjust the ratio as your choices. When to Stop Loss or change direction of the trade? The Straight Trends previously mentioned channel's inverse line was set as STOP LOSS and direction changer in the strategy with "STR-X" Marker. Note : Strategy is much more effective with heikin-ashi bars due methodology of heikin ashi and with this bars it creates less signals with more accuracy, use at your own discretion. Please don't hesitate to write us if you need support or assistance, we also appreciate your feedbacks. Please be advised that this strategy is published with Educational Purposes and it is not a investment advice. Thank you in advance.
Pine Script® Strategie
von Oracle_Systems
6
Classic Long Term Trend Following SystemThis is a classic long term trend following system. The breakout period is 50 days instead of 20 and the moving average crossover are 40 and 120. The moving averages are also exponential instead of simple. The stoploss is 4 ATRs away from the price. Recommendations: Donchian Channels settings > 50 days Moving Averages > 40 and 120, 80 and 140 Important to note: My first strategy, DC Breakout System | This is simplicity at its finest, is best used on the crypto market and this one for stocks, commodities, currencies, etc. Those markets tend to trend a lot longer than crypto do.
Pine Script® Strategie
von LordRobrecht
3
DC Breakout Strategy | This is simplicity at its finest.As the title already describes: this is a Donchian breakout strategy. This strategy, as of now, only goes long. It goes long when the price close makes a new high and the 8 day moving average is above the 32 day moving average. The strategy exits the trade if the price breaks the atr trailing stop of * 3 or the 8 day moving average crosses below the 32 day moving average. This is simplicity at its finest.
Pine Script® Strategie
von LordRobrecht
1
Bagheri IG EtherThis is a technical trading strategy for Ethereum ( BINANCE:ETHUSDT ). We built and developed it on MetaEditor and optimized it with MetaTrader optimizer. The main indicators are Donchian Channel, Oscillator of ROC, Bears Power, Balance of Power, and Simple Moving Average (SMA). Default values in the input panel are the best combination of these indicators, but you can change any of them and try it for better results. Please notice that this strategy has been optimized on the 1-minute chart of Ethereum. For each position, you can see the Take Profit (TP) and Stop Loss (SL) levels. Also, you can find the values of mentioned TP and SL in points from the input panel of the script. Attention: The price of Ethereum has 2 decimal places. Therefore, 3000 points for TP means 30 USDT for trading 1 BINANCE:ETHUSDT .
Pine Script® Strategie
von Bagheri_IG
Value RangeHere is another attempt to chase value based on technical analysis. This is extended version of PE range script published earlier. Instead of just PE, this script contains several other factors which defines value. You can chose which factor to look at from input dialog: Possible value factors included in this script are: Price to Earnings Price to Sales Price to Book PE - Forwarding PS - Forwarding Price to Cashflow Enterprise Value to EBITDA Enterprise Value to Cashflow Some of these can be added to chart directly from financials. But, the script also calculate range based on donchian channel or bollinger bands. Instead of short periods, we are looking for periods in terms of years. Rest of things remain same.
Pine Script® Indikator
von Trendoscope
1
Relative Channel BandwidthThis indicator uses different volatility channels - Bollinger Band, Donchian Channel and Keltner Channel width to measure volatility. Indicator plots channel bandwidth percentage with respect to close price. This is not same as Bollinger Percent B - which is measure of where price is with respect to band. Instead this indicator is similar to ATR Percent indicator published here: Plotting is color coded to indicate volatility zone: Red : Extreme volatility Orange : High volatility Lime : Low volatility Green : Extreme low volatility These levels are again derived by long period bollinger bands
Pine Script® Indikator
von Trendoscope
SALEH All in One Strategythis script is based on MACD strategy for MACD: when we have an uptrend ( the price is above the EMA 200) & the macd line cross up the signal line while they are both under the 0 level of histogram it generates buy signals. when we have a downtrend ( the price is below the EMA 200) & the macd line cross below the signal line while they are both above the 0 level of histogram it generates sell signals. donchian channel works as a confirmation for the macd signal. this strategy works best at London session. feel free to comment best regards Forexsquad2020
Pine Script® Indikator
von slhtgh
[M2J] Indicator | Turtle Atom Duck Signal Turtle Atom Duck shows potential buy and sell It consist of 3 indicators Turtle - Donchian Channel - bullish when price close above previous 1 bar high - bearish when price close below previous 1 bar low Atom - Bollinger Band - bullish when price close above upper band - bearish when price close below lower band Duck - Moving Average (Default 50-period EMA) - bullish when price close above moving average - bearish when price close below moving average When all 3 are bullish, buy signal appears When all 3 are bearish, sell signal appears Screener Turtle Atom Duck Example: FBMKLCI Technology Sector Health Sector TOPGLOV BINTAI XOX PRLEXUS JCY EURUSD XAUUSD
Pine Script® Indikator
von Mango2Juice
10
GM All-purposeThis script plots multiple EMA's also it shows you when a particular EMA crosses up or below another EMA. You can customize the EMA's based on your setups or preferences. This script basically will help you easily identify when a particular EMA has crossed over or crossed under another EMA at one glance. Particularly useful when there is a lot of entanglement of the EMA's There is also dual Bollinger Bands & Donchian Channels that are available to check the volatility of that particular scrip, which will help you stay in the trade or exit based on your criteria.
Pine Script® Indikator
von farokh_dubash
RSI ZonesThis is a combination of a couple ideas I saw on here. The result is from three configurable EMA smoothed RSI overbought/oversold zones. The default is set to Donchian Channel mode where the highs/lows of the RSI's are plotted. An optional basis line derived from the slowest RSI is also included. Toggling this mode off gives you different results. You'll want to play with different lengths for your own preferences and to see what works best for you. Being able to see price bounce between these zones should hopefully give you some ideas on how you could potentially use this. Credit to LazyBear for the initial idea.
Pine Script® Indikator
von imsharper
1
CM_Donchian Channels Modified_V2 - Alert CapableCM_Donchian Channels Modified_V2 With Alert Capability ***This Indicator was created by user Request to Add Alerts Capabilities for Donchian Channels. New Features: ***Alerts Work - Ability To Create Alerts From Main Indicator. ***Can Also Be Used In Conjunction with Lower Indicator - CM_Donchian Channels Modified_V2_Lower_Alert ***Added Ability To Turn On/Off Highlight Bars. ***Added Ability to Turn On/Off Donch Channel Midline ***Added Ability to Turn On/Off Triangles That Plot At Top and Bottom Of Chart When Breakout Condition is TRUE. Special Indicator Features: ***Ability To Use Different LookBack Period on Upper and Lower Donch Channel Lines. How To Create Alerts: ***Create Alert by selecting Indicator - Either the name of the Upper Or Lower Indicator... ***Then select either Alert Breakout Upside or Downside(To The Right Of Indicator Name) ***Select Greater Than ***Select Value ***For Value put .99 Original Post Explaining Indicator is - ***If You Need Help Getting Custom Indicators to Trigger Alerts then View This Post.
Pine Script® Indikator
von ChrisMoody
2
CM_Donchian Channels Modified_V2_Lower_Alert***This Indicator was created by user Request to Add Alerts Capabilities for Donchian Channels. New Features: ***Alerts Work - Ability To Create Alerts From Main Indicator. ***Can Also Be Used In Conjunction with Upper Indicator - CM_Donchian Channels Modified_V2 With Alert Capability ***Added Ability To Turn On/Off Highlight Bars. ***Added Ability to Turn On/Off Donch Channel Midline ***Added Ability to Turn On/Off Triangles That Plot At Top and Bottom Of Chart When Breakout Condition is TRUE. Special Indicator Features: ***Ability To Use Different LookBack Period on Upper and Lower Donch Channel Lines. How To Create Alerts: ***Create Alert by selecting Indicator - Either the name of the Upper Or Lower Indicator... ***Then select either Alert Breakout Upside or Downside(To The Right Of Indicator Name) ***Select Greater Than ***Select Value ***For Value put .99 Original Post Explaining Indicator is - ***If You Need Help Getting Custom Indicators to Trigger Alerts then View This Post.
Pine Script® Indikator
von ChrisMoody
6