Trailing stops play a key role in technical analysis and are extremely popular trend following indicators. Their main strength lie in their ability to minimize whipsaws while conserving a decent reactivity, the most popular ones include the Supertrend, Parabolic SAR and Gann Hilo activator. However, and like many indicators, most trailing stops assume an...
UT Bot indicator was inially developer by @Yo_adriiiiaan
Idea of original code belongs @HPotter
I can't update my original UT Bot Strategy so I publishing new strategy with backtesting range included.
I just took code of Yo_adriiiiaan, cleaned it, deleted all useless pieces of code, transformet to v4 and created a strategy from it.
Also I added an input that...
The Grover Llorens Activator is a trailing stop indicator deeply inspired by the parabolic SAR indicator, and aim to provide early exit points and reversal detection. The indicator was posted not so long ago, you can find it here :
Today a strategy using the indicator...
This is the entry and exit part of a larger algorithm called the "BERLIN Renegade". It is based on the NNFX way of trading, with some modifications.
For entry, it consists of Modified Chaikin Oscillator and Advanced MACD. The Advanced MACD is not available on its own, but all others are publically
available.
For exit it consists of the DIDI Index and the QQE...
The previously proposed sequential filter aimed to filter variations lower than a certain period, this allowed to remove noisy variations and retain only the closing price values that occurred after a consecutive up/down, however because of the noisy nature of the closing price large filtering was impossible, in order to tackle to this problem the same indicator...
Example how to color patterns of 3 bodies growing or waning by percentage with or without trend. Also included option for alert triggers. The yellow triangles on the chart denote where the alert triggers will fire.
• Choose Pattern Of Filter: shows bodies growing or waning or both.
• Sample Lengths Of AvgBar: number of recent bars to use for average size.
•...
Hey Awesome Traders
I noticed people were so happy with my ZigZag lucemanb script and so I made one that is more user-friendly and customizable
Please note the original one is dedicated to developers, The code is very minimal for fast understanding when anyone wants to use it in their development
In this script, I have included several features like...
This setup was created by Rivadavila S. Malheiros
There are 2 Keltner Channels with exponential moving averages of 21 (riva) and 89 (rock) and ATR multiplier of 0.618.
When the price is between the bands, it is a sign of consolidation (yellow).
When the price is above the bands, it is an upward trend (green).
When the price is below the bands, it is a downward...
Played around with Lazy Bear's VMA and Gunazzi's SuperTrend Cloud .
It plots an uptrend if the low of a candle gets above the recent downtrend and plots a downtrend if the high of a candle gets below the recent uptrend, you...
Original code is derived from Trend Lines by LonesomeTheBlue.
In Trend Lines by LonesomeTheBlue trend lines are drawn based on the pivots with user defined length.
Here there is added functionality to draw trend lines based on pivots of 5 different sizes.
About Clear Method-- to repeat my prior post on the bar painter script:
This indicator is translated out of Technical Analysis of Stocks & Commodities , September 2010, (I take zero design credit). The script simply looks for the price action to break or "clear" the most recent action, and only changes the paintbar color if the action indeed clears the previous...
The strategy checks nature of the instruments. It Buys if the close is greater than yesterday's high, reverse the position if the close is lower than yesterday's low and repeat the process.
1. If it is trend following then the equity curve will be in uptrend
2. If it is mean reverting then the equity curve will be downtrend
Thanks to Rayner Teo.
All I did here is add multi timeframe function to the Waddah Attar indicator, as I couldn't find it in the TradingView library.
A description of the original post by Lazy Bear
This is the original Trend Balance Point System created by Welles Wilders in 1978, rules can be found in his book New Concepts in Technical Trading Systems.
Developed by Robert Krausz, the Gann Trend Oscillator is a trend-following indicator used to determine the financial instruments long-term price direction.
OBV is the 'On Balance Volume' indicator and is part of the 'keeping it simple' series that have a similar color scheme. the OBV measures buying and selling pressure as a cumulative indicator, adding volume on up days and subtracting it on down days. The OBV can show divergences or confirm trend.
Stochie is the StochRSI indicator and is part of the ''keeping it simple' series that have a similar color scheme. The Stochastic RSI technical indicator applies the Stochastic Oscillator to values of the Relative Strength Index (RSI). The indicator thus produces two main plots FullK and FullD oscillating between oversold and overbought levels. The StochRSI can...
![AMD: Grover Llorens Activator [alexgrover & Lucía Llorens]](https://s3.tradingview.com/u/UVzC9TOv_mid.png "Grover Llorens Activator [alexgrover & Lucía Llorens]")
![XBTUSD: UT Bot Strategy with Backtesting Range [QuantNomad]](https://s3.tradingview.com/r/RHagaXIp_mid.png "UT Bot Strategy with Backtesting Range [QuantNomad]")
![BTCUSD: Growing or Waning Patterns [Alerts]](https://s3.tradingview.com/n/NA3Zgw2G_mid.png "Growing or Waning Patterns [Alerts]")
![BNBUSDT: Rivanews Setup - Riva-Keltner, Média Rock [xdecow]](https://s3.tradingview.com/l/lNEqIkmA_mid.png "Rivanews Setup - Riva-Keltner, Média Rock [xdecow]")
