Setup for Short Term Investment using RSI&ADX. High success rateThis is a very simple script which gives reliable signals for buying and selling in short term. I came across this strategy a long time before in some website and coded it here. I had been using this for a long time and made good profits.
Idea is very simple, a buy call is triggered when RSI is greater than 75 and ADX is greater than 25. Sell call is triggered when RSI is lesser than 25 and ADX is again greater than 25. To remove false signals I always use it with EMA(close,8) which is also included as part of the code.
The ideal chart resolution is 1 day, below this the indicator is not reliable. Haven't tested this indicator for anything other than daily chart.
Refer the snapshots for more details.For any queries, please comment or PM me.
Shortterm
VJSHARMA_BB_MACD_Stoch_Short_Trade_Strategy_V2This script has the same working behind it except for some minor tweaks.
These tweaks enable the script to generate more signals than the previous version but with a loss of 4% accuracy.
VJSHARMA_BB_MACD_Stoch_Short_Trade_StrategyThis strategy was developed keeping in mind the accuracy of signals. Due to which the time-frame had to be small as in longer timeframe, the probability of a particular movement decreases. The best application of this strategy is with Margin Trading as the signals achieved have really high accuracy.
To get the best out of this strategy, keep in mind the following
1. Choose 3 min time frame
2. Changing the stoploss and trailing stop settings could/would interfere with the accuracy of the trades.
3. Pyramiding affects the profitability of trades.
GDAX EMA Cross[26,12]This indicator allow to show the EMA of the price similar to GDAX user interface.
The purpose of this indicator is twice:
Allowing the user to show a double EMA with the possibility to show when a EMA crossing happens.
Showing in a more user friendly interface the GDAX ema line.
As a matter of fact is proven that those 2 EMA act as support/resistance during Bulls/Bear periods. The indicator works fine in the GDax timeframes, or rather 5m, 15m, 1h and daily excluding 3h and 6h as they're less used at the moment.
Momentuminator 1.0Here we have a general purpose momentum based long and short flip flop with optional profit target and maximum loss.
Program development: Boffin Hollow Lab
Author: Tarzan at tradingview.com
Release: Version 1.0 May 2016
Please Note: Past Performance is not necessarily indicative of future results
Ichimoku_on_steroids v 1.0 (Scalper's) OLAgain, ichimoku based signal generator, this time using the Kijun-sen (Base line) and the Tenkan-sen (Conversion line) to assess price action.
Works best on timeless charts (e.g. Point & Figure, Renko's, ...).
Use with caution !! ... or with very small TP targets !!
Steve Primo's "Robbery" Indicator (PET-D)Here is the Link to youtube video. Its free. www.youtube.com
I did not buy this indicator, I do not have the code. But Most likely this is what's is being calculated.
More Video here - www.protraderstrategies.com
Compare this indicator with his charts shown in the video
Save another $495 bucks.
NOTE:
This is not the actual code for this indicator. This is my perception of the code. Here in these free video There are few examples, you can compare the robbery pet-d with the actual PET-D
www.youtube.com
www.youtube.com
I have to agree, this is not perfect, Out of all the examples, There was one bar that did not match.