allanster

Grahn Gyllene Kors [Alerts]

Grahn Gyllene Kors is the companion study for the Grahn Gyllene Kors strategy...

This is an  EMA  / Trend Explorer & Strategy useful for identifying trends before EMA's cross and also identifying and experimenting with various  EMA  lengths and candle trends. There is also a companion Alerts study for this in which trend signals may be sent to the user via sms or email AND/OR buy and sell alerts may be sent to bots for automated trading of this strategy. Once you have optimized your settings and backtested with this strategy, apply your same settings into the Alerts study and create your alerts.

NOTICE: This script does not require access from me, simply open Indicators on chart and search for "Grahn". By accessing this script you acknowledge that you have read and understood that this is for research purposes only and I am not responsible for any financial losses you may incur by using this script!

EMA  Fast and  EMA  Slow - may be adjusted in length and color.

Bullish  F>S % - controls what percentage the  EMA  Fast should be above  EMA  Slow before considered  bullish  and is represented by the Green band on the chart. 

Neutral <S> % - is what percentage surrounding the  EMA  Slow should be considered neutral and is represented by the Yellow band on the chart. 

Bearish  F<S % - controls what percentage the  EMA  Fast should be below  EMA  Slow before considered  bearish  and is represented by the Red band on the chart. 

Enable Trend - determines whether Trend Strength is enforced in strategy in addition to  EMA  divergence. 

Bull Candles # - is the number of candles ranging from 0 (off) to 5 that should be consecutively higher in value before considered to be a trend. 

Neut Candles # - is the number of candles that should consecutively remain in the Neutral yellow band before considered to be trending neutral for signal alerts (has no impact on strategy).

Bear Candles # - is the number of candles ranging from 0 (off) to 5 that should be consecutively lower in value before considered to be a trend.

Pump Increase % - is the rise in price that should be considered a pump for signal alerts (has no impact on strategy).

Pump Candles # - is the number of candles over which Pump Increase % should be considered (has no impact on strategy).

Dump Decrease % - is the rise in price that should be considered a pump for signal alerts (has no impact on strategy).

Dump Candles # - is the number of candles over which Dump Decrease % should be considered (has no impact on strategy).

Show EMA Fast & Slow - their display may be turned on or off.

Enable Range - may be enabled for backtesting (in strategy) a specific range of time (disabled uses default range based on period).




Release Notes: NOTE: There is a typo in description above for Dump Decrease %, should read:

Dump Decrease % - is the fall in price that should be considered a dump for signal alerts (has no impact on strategy).

-----
Changes: Cosmetic only, staggered height of signal arrows/label types to reduce occurrences of them overlapping.
Release Notes: Improved logic on awareness of last state.
Release Notes: Further refinement of state awareness logic into 2 state buy/sell and 5 state pump/bear/neutral/bull/dump so that no state prevents another from occurring.
Release Notes: Fixed error where when Enable Date Range was enabled it was not applying the range of dates. Thanks @RobertEmm!

Further refinement of state awareness logic into 2 state buy/sell, 2 state pump/dump, and 3 state bear/neutral/bull.
Release Notes: Added Stop Loss (does not require extra alert, it uses sell alert).

Adjusted Default values.

Added ability to hide Strategy and/or Signal Alerts (hiding disables both the display on screen AND the alerts).

Added simple error checking to date ranges to prevent going higher than Month 12 or Day 31.

Added ability to change Source for candle prices.
Remove from Favorite Scripts Add to Favorite Scripts
If you find something useful enough that you would like to buy me a refreshing beverage :)...

LTC (preferred): LTDaAe7nPzbpBhZVT9o5f9f8M3aZSPa46Y

BTC: 13LhkeXBYrRomVAqbXcoLXHuqMk6Mf7G6N

May i have access to this script . Thanks in advance
Reply
Wholeness Allanster, regrading stop loss; Is there a way to get the indicator to not buy immediately after the stop loss sell it triggered. This would be extremely helpful in gunbot.
Reply
allanster lookwithin
@lookwithin, thanks for your suggestion, will send you PM to discuss further.
Reply
Hi Allanster. May I get access to this script?
Reply
This script does not require access from me, simply open Indicators on chart and search for "Grahn".
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out