Welcome traveler !
Here is my first indicator I made after 3 days of hardlearning pine code (beginner in coding).
I hope it will please you, if you have any suggestion to enhance this indicator, do not hesitate to give me your thoughts in the comments section or by Private message on trading View !
How does it works ?
It's a simple MACD strategy as describe...
This simple script uses the idea of inertia of the market. if 2 previous candles have the same color, current meant to have that too. Following this signal is equal to buying a binary option on the start of the bar (week here). Signals are shown as arrows on the series. The color of the bar shows the outcome of the current option: yellow is success, black is...
Ignore the other one (it contains some errors).
On this FRAMA you can play with length, SC and FC.
Just read on below links to understand more about this super useful moving average:
Simple strategy script I've had for a while but looks like I never published.
Although it is one of my most simple it seems to have the best profitability. It is pretty rough though. the Stoch RSI has only a little weight to the trade trigger. I'll refine it more over time or you can by all means. Basically the Stoch RSI current K line has to be OVER 40 to...
7, 30, 50, 100, 200 simple moving averages, bundled in one indicator (for users who are using the free TradingView service and can only load limited number of indicators at any given time).
You can turn each moving average on or off at will and change the colors.
Opening Range with Infinite Price Targets is an ORB indicator that automatically generates price targets into infinity based on a user-defined % of range.
This indicator includes many nice-to-have features missing from other indicators. Such as:
Price Target Labels with Price tooltip, want to know exactly what price pt3 is at? Hover over it and see.
created by AutemOx
This creates lines at yesterdays open, close, high, and low. It is pretty amazing use of the timenow and dayofweek variables if I say so myself 8)
The usage is very easy. When the line is green you can open long position, when the line is red you can open short position and when it's black just check by yourself.
Usually I use it with RSI and Bollinger Bands , in order to determine when the signal is strong or weak.
Just play with fastest and slowest SC to adjust the smoothness.
Three simple moving averages all in a single indicator for your convenience.
MA 1 - 20
MA 2 - 50
MA 3 - 100
If you like this or any of my other scripts - please consider chucking some BTC my way ;) 1LbFxAYJSVPxirT8eW31QHaGbySHyPYgMq
This is a continuation of my series on forecasting techniques. The idea behind the Simple Mean method is to somehow extend historical mean to the future. In this case a forecast equals to last value plus average change.
This indicator shows market structure. The standard method of using Williams Highs and Lows as pivots, is something of an approximation.
What's original here is that we follow rules to confirm Local Highs and Local Lows, and strictly enforce that a Low can only follow a confirmed High and vice-versa.
-- Highs and Lows
To confirm a candle as a Local High, you need...
Firstly : Know Sure Thing, or KST , is a momentum oscillator developed by Martin Pring to make rate-of-change readings easier for traders to interpret. In a 1992 Stocks and Commodities article, Mr. Pring referred to the indicator as "Summed Rate of Change ( KST )," but the KST term stuck with technical analysts. The indicator is relatively common among technical...
Improved Simple Strategy based on RSI, using overbought or oversold levels.
Backtest: ETHPERP (FTX) - 30m
Set STOP LOSS and GET PROFIT as a percentage (2% and 10% by default).
If strategy.position_size != 0 algorithm convert percentages into points and set stop loss and take profit limit orders.
The SHO is a bounded oscillator for the simple harmonic index that calculates the period of the market’s cycle.
The oscillator is used for short and intermediate terms and moves within a range of -100 to 100 percent.
The SHO has overbought and oversold levels at +40 and -40, respectively.
At extreme periods, the oscillator may reach the levels of +60 and -60....